US and Europe: Different labor markets, different inflation prospects

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Following this article I posted earlier, WSJ explains why the US and Europe are facing different prospects on inflation: there will be no wage-price spiral in the US. This is due to the different labor market structure of the two major economies.

P1 AM665B WAGES 20080821211515 US and Europe: Different labor markets, different inflation prospects

P1 AM666 Wages 20080821200432 US and Europe: Different labor markets, different inflation prospects

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  1. Yellen speech on economy and inflation
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  4. Feldstein: A tale of two monetary policies
  5. Another era of global inflation?

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