全球智库信息集成服务系统(G2TT): The Great Disconnect: The Decoupling of Wage and Price Inflation in Japan

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w27332
来源ID	Working Paper 27332
	The Great Disconnect: The Decoupling of Wage and Price Inflation in Japan
	Takeo Hoshi; Anil K Kashyap
发表日期	2020-06-08
出版年	2020
语种	英语
摘要	We take some well-known observations about the structure of the Japanese labor market and add new evidence about how it has evolved to study inflation in Japan. Our key finding is that labor market dynamics shifted after 1998 so that correlations between labor market tightness and wages weakened noticeably. This change was accompanied in a break in the relationship between wages and prices, so wage inflation has become a much less important determinant of price inflation.
主题	Macroeconomics ; Business Cycles ; Monetary Policy ; Labor Economics ; Labor Compensation
URL	https://www.nber.org/papers/w27332
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/585003
推荐引用方式 GB/T 7714	Takeo Hoshi,Anil K Kashyap. The Great Disconnect: The Decoupling of Wage and Price Inflation in Japan. 2020.