Article
Comparitive Economic Studies (1991) 33, 91–95; doi:10.1057/ces.1991.15
A Model of Wage Spiral Tragedy Under Repressed Inflation
Michal Rutkowski*
*I am grateful to Saul Estrin, John Schmitt and other members of the Center for Economic Performance at the London School of Economics for help and comments on the second version of this paper, to Krzysztof Porwit and Marek Gora for comments on the earlier version, and to the British Council Fellowship.
