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The Great Wage Moderation, A Primer | Seeking Alpha

May 24th, 2015 · No Comments

  • While employment creation is back to normal and unemployment has fallen to levels at which wage inflation tends to pick up, there is no sign of the latter happening.
  • This great wage moderation, while actually not a new phenomenon, is still confounding macro-economists as well as the Fed’s monetary policy making.
  • We’ll look at some of the likely causes.

The Great Wage Moderation, A Primer

Tags: Economics