E33: Wages V Inflation

Statistically Insignificant di Tess O'Brien

Note sull'episodio

When is a raise not a raise? How do you work out what a multi-year pay agreement should do? Why does the government think that young people and people with disabilites have less expensive lives than others?

We dive into the relationship between pay and inflation, looking at how comparison calculations can be done, and what gaps emerge over extended periods of time.

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References:

World Bank (2022) 'Inflation, consumer prices (annual &)', https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG?end ... 

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