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Wage Bargains, Threshold Effects, and the Phillips Curve: A Reexamination

Alan Gustman

The Quarterly Journal of Economics · 1972 · Volume 86 · Issue 2

DOI: 10.2307/1880569

Abstract

I. The wage equations, 332. — II. The steady state Phillips curve, 335, — III. The threshold price variable, 336. — IV. Conclusions, 338.

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