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- Second-round_effect abstract "A second-round effect means when trade unions decide to raise wages after commodity prices (e.g. energy, food) have increased sharply. This leads to a high inflation, so the central bank has to raise interest rates.Robert J. Gordon describes the second-round effect as the built-in inflation in his triangle model. As a result of past inflation, the second-round effect creates inflation ripples in the economy.".
- Second-round_effect wikiPageID "19608342".
- Second-round_effect wikiPageRevisionID "601817418".
- Second-round_effect hasPhotoCollection Second-round_effect.
- Second-round_effect subject Category:Inflation.
- Second-round_effect comment "A second-round effect means when trade unions decide to raise wages after commodity prices (e.g. energy, food) have increased sharply. This leads to a high inflation, so the central bank has to raise interest rates.Robert J. Gordon describes the second-round effect as the built-in inflation in his triangle model. As a result of past inflation, the second-round effect creates inflation ripples in the economy.".
- Second-round_effect label "Second-round effect".
- Second-round_effect label "Zweitrundeneffekt".
- Second-round_effect sameAs Zweitrundeneffekt.
- Second-round_effect sameAs m.04n3hyh.
- Second-round_effect sameAs Q243752.
- Second-round_effect sameAs Q243752.
- Second-round_effect wasDerivedFrom Second-round_effect?oldid=601817418.
- Second-round_effect isPrimaryTopicOf Second-round_effect.