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Rising Prices, Stable Wages: A Study on the Influence of Inflation on Labor Income Share under Price Rigidity

Ding Congming, Xie Fenglin, Lei Yu

Rising prices, but stable wages. The rigidity of wages means that the increase in inflation leads to a decline in real wages in the short term, an increase in employment and an increase in...

First published at: Aug 03, 2017

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doi:10.16538/j.cnki.jfe.2017.08.005

Journal of Finance and Economics, Vol. 43, Issue 08, pp. 56 - 68

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Foreign Economics & Management

Journal of Shanghai University of Finance and Economics

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