Wage-wage spiral

 

 

 

Wage-wage spiral

 

Glossary of business

 

Definition of wage-wage spiral

 

A wage-wage spiral happens when a wage increase in one industry sets off a series of wage claims in other industries so as to maintain wage differentials.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of wage-wage spiral

 

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Meaning of wage-wage spiral

 

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