Title
The Impact of the Wage-Price Freeze on Relative Shares: A Test of Short-Run Market Expectations
Publisher
Center for Economic Research, Department of Economics, University of Minnesota
Abstract
This paper attempts to shed some empirical light on the impact of
the Wage-Price Freeze on the distribution of relative shares of business
and labor. While the overall impact of the Freeze on relative shares
must await extensive data and a comprehensive analysis which are not
likely to be forthcoming for several years, the indirect approach which
we have taken here has the advantage of yielding more immediate, though
suggestive, results. Rather than operate directly on relative shares,
we have analyzed the expectations of the market as observed in the major
stock exchanges.
Previously Published Citation
Shalit, S.S., Ben-Zion, U., (1972), "The Impact of the Wage-Price Freeze on Relative Shares: A Test of Short-Run Market Expectations", Discussion Paper No. 24, Center for Economic Research, Department of Economics, University of Minnesota.
Suggested Citation
Shalit, Sol S.; Ben-Zion, Uri.
(1972).
The Impact of the Wage-Price Freeze on Relative Shares: A Test of Short-Run Market Expectations.
Center for Economic Research, Department of Economics, University of Minnesota.
Retrieved from the University of Minnesota Digital Conservancy,
https://hdl.handle.net/11299/54648.