Add to ORKGRising wage costs have often been used as a leading indication of inflation in national economies. In the US since the 2008 recession wage costs growth has, to say the least, been erratic with no discernible upward trend. In 2015, however, wage cost growth showed some signs of picking up steam suggesting that overall spending in the economy will likely pick up. In this study we examine trends in the employee cost index (ECI) from 2001 to 2015, the long term trend period, and 2009 to 2015, an intermediate term period after the 2008 recession. Linear trend equations are developed year over year by quarter, sequentially across quarters, and yearly (based in four quarter averages). The following findings will be discussed: (1) long term growth ...
The deep and prolonged recession triggered by the global financial crisis of 2007–2009 led to a larg...
For much of the mid- to late-1990s, economists have wondered at the simultaneously low unemployment ...
We study possible factors behind the subdued inflation in the United States since the mid-1990s. A s...
Rising unit labor costs suggest that cost push inflation is at work in the economy provided that out...
In the financial press, productivity-related wages are often cited as an inflation indicator. For ex...
Since the 2008 recession, overall inflation as measured by CPI has been perceived to be almost non e...
F or gauging inflationary pressures, many policymakers and financialmarket analysts pay close attent...
Federal Reserve Economists consider average hours worked and average hourly earnings as key factors ...
The U.S Federal Reserve Board uses long term inflation trends and projections to guide its policy de...
This paper studies the effects of inflation on wage changes made by firms in a unique thirty-seven-y...
Macroeconomic models based on the Phillips Curve predict that as the unemployment rate declines towa...
Since the 2008 recession, wage growth within the U.S. economy has been considered muted at best. In ...
After the 2008 recession, the Federal Reserve initiated an aggressive policy of monetary easing. In ...
Despite an aggressive policy of Monetary easing by the Federal Reserve. Inflation seems to be rather...
This study shows that the rate of wage inflation in the year before a recession is positively relate...
The deep and prolonged recession triggered by the global financial crisis of 2007–2009 led to a larg...
For much of the mid- to late-1990s, economists have wondered at the simultaneously low unemployment ...
We study possible factors behind the subdued inflation in the United States since the mid-1990s. A s...
Rising unit labor costs suggest that cost push inflation is at work in the economy provided that out...
In the financial press, productivity-related wages are often cited as an inflation indicator. For ex...
Since the 2008 recession, overall inflation as measured by CPI has been perceived to be almost non e...
F or gauging inflationary pressures, many policymakers and financialmarket analysts pay close attent...
Federal Reserve Economists consider average hours worked and average hourly earnings as key factors ...
The U.S Federal Reserve Board uses long term inflation trends and projections to guide its policy de...
This paper studies the effects of inflation on wage changes made by firms in a unique thirty-seven-y...
Macroeconomic models based on the Phillips Curve predict that as the unemployment rate declines towa...
Since the 2008 recession, wage growth within the U.S. economy has been considered muted at best. In ...
After the 2008 recession, the Federal Reserve initiated an aggressive policy of monetary easing. In ...
Despite an aggressive policy of Monetary easing by the Federal Reserve. Inflation seems to be rather...
This study shows that the rate of wage inflation in the year before a recession is positively relate...
The deep and prolonged recession triggered by the global financial crisis of 2007–2009 led to a larg...
For much of the mid- to late-1990s, economists have wondered at the simultaneously low unemployment ...
We study possible factors behind the subdued inflation in the United States since the mid-1990s. A s...