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Price Changes and the Rate of Change of Money Wage Earnings in Japan, 1955–1962

Tsunehiko Watanabe

The Quarterly Journal of Economics · 1966 · Volume 80 · Issue 1

DOI: 10.2307/1880577

Abstract

I. Introduction, 31. — II. Determinants of price changes, 33. — III. The Phillips Lipsey Hypothesis, 39. — Simultaneous relations between prices and wages, 42. — V. Conclusion, 45.

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