It takes the average reader and 25 minutes to read Why Has Inflation in the United States Remained so Low? Reassessing the Importance of Labor Costs and the Price of Imports by Mr. Jorge A. Chan-Lau
Assuming a reading speed of 250 words per minute. Learn more
This paper examines some of the factors that have been influential in keeping inflation low in the United States during 1995–98, despite strong growth and high levels of employment. Our results identify three important variables: declines in import prices, a slowdown in the growth of nonwage labor compensation, and a decline in labor costs. We also reassess the role of labor costs and import prices in determining price inflation.
Why Has Inflation in the United States Remained so Low? Reassessing the Importance of Labor Costs and the Price of Imports by Mr. Jorge A. Chan-Lau is 25 pages long, and a total of 6,375 words.
This makes it 8% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read Why Has Inflation in the United States Remained so Low? Reassessing the Importance of Labor Costs and the Price of Imports aloud.
Why Has Inflation in the United States Remained so Low? Reassessing the Importance of Labor Costs and the Price of Imports is suitable for students ages 8 and up.
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