Reflections on Wage and Price Controls.

Shultz, George P.; Dam, Kenneth W.

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Peer reviewed

ERIC Number: EJ153236

Record Type: Journal

Publication Date: 1977

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Reflections on Wage and Price Controls

Shultz, George P.; Dam, Kenneth W.

Industrial and Labor Relations Review, 30, 2, 139-151, Jan 77

Appraises the 1971-74 Federal program of wage and price controls and examines the problems of interactions with other public programs as well as with private actions. Concludes that controls are not an effective method of dealing with inflation. (MF)

Descriptors: Business Cycles, Economic Climate, Federal Programs, Inflation (Economics), Labor Economics, Program Effectiveness, Program Evaluation, Public Policy

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