Identifying Inflation's Grease and Sand Effects in the Labor Market
Published Date
Copyright 1999
ISBN 0226240991
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Copy CitationErica Groshen and Mark Schweitzer, The Costs and Benefits of Price Stability (University of Chicago Press, 1999), chap. 7, https://www.nber.org/books-and-chapters/costs-and-benefits-price-stability/identifying-inflations-grease-and-sand-effects-labor-market.
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Published From Paper
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Working Paper
Inflation has been accused of causing distortionary price and wage fluctuations (sand) as well as lauded for...
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