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The Effects of Phases I, II, and III on Wages, Prices, and Profit Margins in the Manufacturing Sector of the United States

In: Analysis of Inflation: 1965–1974

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  • Ahmad Al-Samarrie
  • John Kraft
  • Blaine Roberts

Abstract

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Suggested Citation

  • Ahmad Al-Samarrie & John Kraft & Blaine Roberts, 1977. "The Effects of Phases I, II, and III on Wages, Prices, and Profit Margins in the Manufacturing Sector of the United States," NBER Chapters, in: Analysis of Inflation: 1965–1974, pages 241-298, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:0994
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    References listed on IDEAS

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    1. Truett, Dale & Roberts, Blaine, 1973. "Classical Production Functions, Technical Optimality, and Scale Adjustments of the Firms," American Economic Review, American Economic Association, vol. 63(5), pages 975-982, December.
    2. Robert J. Gordon, 1971. "Inflation in Recession and Recovery," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 2(1), pages 105-166.
    3. Otto Eckstein & Thomas A. Wilson, 1962. "The Determination of Money Wages in American Industry," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 76(3), pages 379-414.
    4. Robert J. Gordon, 1972. "Wage-Price Controls and the Shifting Phillips Curve," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 3(2), pages 385-421.
    5. O. C. Ashenfelter & G. E. Johnson & J. H. Pencavel, 1972. "Trade Unions and the Rate of Change of Money Wages in United States Manufacturing Industry," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 39(1), pages 27-54.
    6. William Poole, 1973. "Wage-Price Controls: Where Do We Go From Here?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(1), pages 285-299.
    7. Arthur M. Okun, 1973. "Upward Mobility in a High-Pressure Economy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(1), pages 207-262.
    8. Stein, Jerome L & Borts, George H, 1972. "Behavior of the Firm Under Regulatory Constraint," American Economic Review, American Economic Association, vol. 62(5), pages 964-970, December.
    9. A. W. Phillips, 1958. "The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957," Economica, London School of Economics and Political Science, vol. 25(100), pages 283-299, November.
    10. Barry Bosworth, 1972. "Phase II: The U.S. Experiment with an Incomes Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 3(2), pages 343-384.
    11. S. W. Black & H. H. Kelejian, 1972. "The Formulation of the Dependent Variable in the Wage Equation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 39(1), pages 55-59.
    12. repec:bla:econom:v:39:y:1972:i:153:p:1-17 is not listed on IDEAS
    13. E. Kuh, 1967. "A Productivity Theory of Wage Levels—An Alternative to the Phillips Curve," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 34(4), pages 333-360.
    14. O. Eckstein, 1968. "Money Wage Determination Revisited," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 35(2), pages 133-143.
    15. Wachter, Michael L, 1970. "Cyclical Variation in the Interindustry Wage Structure," American Economic Review, American Economic Association, vol. 60(1), pages 75-84, March.
    16. G. L. Perry, 1964. "The Determinants of Wage Rate Changes and the Inflation-Unemployment Trade-off for the United States," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 31(4), pages 287-308.
    17. Perry, George L, 1969. "Wages and the Guideposts: Reply," American Economic Review, American Economic Association, vol. 59(3), pages 365-370, June.
    18. Wachter, Michael L, 1974. "Phase II, Cost-Push Inflation, and Relative Wages," American Economic Review, American Economic Association, vol. 64(3), pages 482-491, June.
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