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The minimum wage has passed the high inflation test
August 22, 2023
Mark Paul Cervantes
Economy, Inflation, Top News, U.S. Market
Comments Off on The minimum wage has passed the high inflation test
As policy ideas go, the minimum wage has had a great run of it. Productivity might have been disappointing after the financial crisis, average pay growth might have been weak, but the minimum wage was […]
Teaching About Adjusting for Inflation | Bring FRED into the Classroom | January 2023
January 5, 2023
Allen Santos
StLouis Fed
Comments Off on Teaching About Adjusting for Inflation | Bring FRED into the Classroom | January 2023
Focus on Real Wages This Page One Economics essay discusses how price indexes can be used to transform nominal wages and interest rates into real wages and rates—that is, inflation-adjusted values. The essay includes multiple-choice […]
Inflation scare over? The case for and against sticky inflation
March 9, 2023
Mark Paul Cervantes
Inflation, International, Top News
Comments Off on Inflation scare over? The case for and against sticky inflation
LONDON, March 9 (Reuters) – Two years after inflation began its rapid ascent, investors, economists and policymakers remain divided on the path ahead. Yes, headline inflation across major developed economies has retreated from multidecade highs, […]