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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With W
  5. Wage-Price Spiral

Wage-Price Spiral

Definition of 'Wage-Price Spiral'

The tendency during inclation for wage increases to lead to price increases and for price increases to lead to wage increase, thus creating an inflationary spiral.

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Related Terms

Wage DifferentialWage DriftWage ResistanceAdministered PriceModerate KeynesiansClassical UnemploymentCompensating Wage DifferentialInvoluntary UnemploymentWage / WagesWage FreezeWage RateOffer for SaleCross Price Elasticity of DemandFutures contractAccumulation / Distribution IndicatorAllotment PriceArbitrageurAsk PriceBid Offer SpreadBid Price

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