wage-cost+spiral

См. также в других словарях:

• wage-price spiral — ➔ spiral1 * * * wage price spiral UK US noun [S] ECONOMICS ► a rise in prices that causes a rise in the amount that workers earn, which increases the cost of producing goods, making prices rise again: »A sharp fall in the value of sterling could… …   Financial and business terms

• Wage-Price Spiral — A macroeconomic theory to explain the cause and effect relationship between rising wages and rising prices, or inflation. The wage price sprial suggests that rising wages increase disposable income, thus raising the demand for goods and causing… …   Investment dictionary

• spiral — ▪ I. spiral spi‧ral 1 [ˈspaɪərəl ǁ ˈspaɪr ] noun [countable] a process, usually a harmful one, in which something continuously rises, falls, gets worse etc, often starting off slowly but gradually speeding up until it is out of control: • Sales… …   Financial and business terms

• Cost push inflation — is a type of inflation caused by substantial increases in the cost of important goods or services where no suitable alternative is available. A situation that has been often cited of this was the oil crisis of the 1970s, which some economists see …   Wikipedia

• Cost-push inflation — Aggregate supply – aggregate demand model illustration of aggregate supply (AS) shifting to AS and causing price level to increase while output shrinks Cost push inflation is a type of inflation caused by substantial increases in the cost of… …   Wikipedia

• Wage Push Inflation — A general increase in the cost of goods that is preceded by and results from an increase in wages. In order to maintain corporate profits after an increase in wages, employers must increase the prices they charge for the goods and services they… …   Investment dictionary

• Price/wage spiral — In macroeconomics, the price/wage spiral (also called the wage/price spiral) represents a vicious circle process in which different sides of the wage bargain try to keep up with inflation to protect real incomes. This process in turn is one cause …   Wikipedia

• inflationary spiral — noun an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value • Ant: ↑deflationary spiral • Hypernyms: ↑spiral * * * noun : a continuous rise in prices that is sustained by the tendency of… …   Useful english dictionary

• inflationary spiral — noun Date: 1931 a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other …   New Collegiate Dictionary

• Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

• international payment and exchange — ▪ economics Introduction international exchange also called  foreign exchange        respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …   Universalium