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U.S. Wage‐Price Dynamics, Before, During and After COVID‐19, Through the Lens of an Empirical Econometric Model
References 1, “The Wage Price Spiral,” Quarterly Journal of Economics 101 (1987): 543–565. 2, “A Model of Wage-Price Inflation,” Review of Economic Studies 47 (1980): 113–135. 3 and , “Wage Bargaining and Employment,” American Economic Review 71, no. 5 (1981): 896–908. 4 and , “ U.S. Natural Rate Dynamics Reconsidered,” in The Methodology and Practise of Econometrics. A Festschrift in Honour of David F. Hendry, ed. J. Castle and N. Shephard (Oxford University Press, 2009), 389–414.
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