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wage-price inflation spiral

См. также в других словарях:

  • 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

  • Inflation — This article is about a rise in the general price level. For the expansion of the early universe, see Inflation (cosmology). For other uses, see Inflation (disambiguation). Inflation rates around the world in 2007 …   Wikipedia

  • 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

  • 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

  • inflation — /in flay sheuhn/, n. 1. Econ. a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency (opposed to deflation). 2. the act of inflating. 3. the state …   Universalium

  • Built-in inflation — is an economic concept referring to a type of inflation that resulted from past events and persists in the present. It thus might be called hangover inflation. At any one time, built in inflation represents one of three major determinants of the… …   Wikipedia

  • 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

  • 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

  • Инфляционная спираль — (inflationary spiral) См.: инфляция (inflation). Финансы. Толковый словарь. 2 е изд. М.: ИНФРА М , Издательство Весь Мир . Брайен Батлер, Брайен Джонсон, Грэм Сидуэл и др. Общая редакция: д.э.н. Осадчая И.М.. 2000. Инфляционная спираль… …   Финансовый словарь

  • Phillips curve — The Phillips curve is a historical inverse relation between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower the unemployment in an economy, the higher the rate of increase in wages paid to labor in that… …   Wikipedia

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