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1999•Review of Radical Political EconomicsRequires access

The U.S. inflation process: Does nominal wage inflation cause price inflation, vice-versa, or neither?

T. I. Palley

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Key concepts: Economics, Inflation (cosmology), Wage, Misery index, Real interest rate, Relative price, Monetary policy, Monetary economics

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The U.S. inflation process: Does nominal wage inflation cause price inflation, vice-versa, or neither? — Research Paper | ScholarLens