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wage-price 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

  • wage-price spiral — /ˌweɪdʒ praɪs ˌspaɪərəl/ noun a situation where price rises encourage higher wage demands which in turn make prices rise …   Dictionary of banking and finance

  • wage-price spiral — /weɪdʒ praɪs ˈspaɪrəl/ (say wayj pruys spuyruhl) noun a series of movements in wages and prices, normally upwards, in which each change in one triggers a change in the other …   Australian-English dictionary

  • wage-price — «WAYJ PRYS», adjective. of or having to do with the relation of wages to prices: »So the wage price spiral works not only vertically from wages to prices but horizontally from wages to other wages (Atlantic) …   Useful english 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

  • 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

  • spiral — n. an inflationary; wage price spiral (a vicious inflationary spiral) * * * [ spaɪ(ə)rəl] wage price spiral (a vicious inflationary spiral) an inflationary …   Combinatory dictionary

  • spiral — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ vicious ▪ downward, upward ▪ deflationary, inflationary ▪ wage price ▪ …   Collocations 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

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