wage push inflation

简明释义

因工资提高而引起的通货膨胀

英英释义

Wage push inflation refers to the increase in prices that occurs when wages rise, leading to higher costs for businesses, which then pass these costs onto consumers in the form of higher prices.

工资推动通货膨胀是指当工资上涨时,导致企业成本增加,从而将这些成本转嫁给消费者,形成更高价格的现象。

例句

1.Increased labor costs can lead to wage push inflation if not managed properly.

如果管理不当,增加的劳动力成本可能会导致工资推动型通货膨胀

2.Economists are concerned that wage push inflation could erode purchasing power.

经济学家担心工资推动型通货膨胀可能会侵蚀购买力。

3.Many companies are struggling to cope with the effects of wage push inflation on their budgets.

许多公司正在努力应对工资推动型通货膨胀对其预算的影响。

4.The recent increase in salaries has led to a rise in wage push inflation.

最近工资的增加导致了工资推动型通货膨胀的上升。

5.The government is monitoring wage push inflation closely to avoid economic instability.

政府正在密切监测工资推动型通货膨胀以避免经济不稳定。

作文

Wage push inflation is a term used in economics to describe a situation where rising wages lead to increased prices for goods and services. This phenomenon occurs when workers demand higher wages due to the rising cost of living or improved working conditions, and employers pass these increased labor costs onto consumers in the form of higher prices. Understanding wage push inflation is crucial for analyzing economic trends and the overall health of an economy.In recent years, many economies around the world have experienced fluctuations in wages. As the cost of living rises, workers often find it increasingly difficult to make ends meet. This has led to widespread demands for higher wages across various industries. For example, in the United States, the minimum wage debate has garnered significant attention, with many advocating for an increase to help workers cope with rising living expenses. When businesses respond to these demands by raising wages, they may ultimately contribute to wage push inflation.The relationship between wages and inflation can be complex. On one hand, higher wages can stimulate consumer spending, as workers have more disposable income. This can lead to increased demand for goods and services, which may drive prices higher. On the other hand, if businesses are unable to absorb the increased labor costs without raising prices, this can result in a cycle of inflation. When prices rise, workers may again demand higher wages, perpetuating the cycle of wage push inflation.Governments and central banks often monitor wage trends closely, as they can provide valuable insights into potential inflationary pressures. For instance, if wage growth outpaces productivity growth, it may signal that inflation is on the horizon. Central banks may respond by adjusting interest rates to control inflation. If they believe that wage push inflation is becoming a significant concern, they may raise interest rates to cool down the economy and curb inflationary pressures.Moreover, wage push inflation can have varying effects on different sectors of the economy. For instance, industries that rely heavily on low-wage labor, such as retail and hospitality, may be particularly vulnerable to wage increases. If these businesses raise their prices to cover higher wages, consumers may choose to cut back on spending, leading to a slowdown in economic growth. Conversely, sectors that can easily pass on costs to consumers, such as luxury goods, may be less impacted by wage increases.In conclusion, wage push inflation is a critical concept in understanding the dynamics between wages and prices in an economy. As wages rise, businesses may face pressure to increase prices, potentially leading to inflation. Policymakers must carefully navigate this delicate balance to foster economic growth while keeping inflation in check. By understanding the implications of wage push inflation, we can better prepare for the challenges that arise in an ever-changing economic landscape. It is essential for workers, businesses, and governments alike to recognize the signs of wage push inflation and take appropriate measures to mitigate its impact.

工资推动通货膨胀是经济学中用来描述一种情况的术语,指的是工资上涨导致商品和服务价格上涨。这种现象发生在工人由于生活成本上升或改善工作条件而要求更高工资时,雇主将这些增加的劳动成本转嫁给消费者,从而以更高的价格出售商品和服务。理解wage push inflation对于分析经济趋势和整体经济健康至关重要。近年来,世界各地的许多经济体经历了工资波动。随着生活成本的上升,工人发现维持生计越来越困难。这导致各行业广泛要求提高工资。例如,在美国,最低工资辩论引起了广泛关注,许多人呼吁提高工资以帮助工人应对不断上升的生活费用。当企业回应这些要求,提高工资时,最终可能会促成wage push inflation。工资与通货膨胀之间的关系可能非常复杂。一方面,更高的工资可以刺激消费者支出,因为工人拥有更多的可支配收入。这可能导致商品和服务的需求增加,从而推高价格。另一方面,如果企业无法在不提高价格的情况下吸收增加的劳动成本,这可能会导致通货膨胀的循环。当价格上涨时,工人可能再次要求更高的工资,从而延续wage push inflation的循环。政府和中央银行通常密切监测工资趋势,因为这些趋势可以提供潜在通货膨胀压力的宝贵见解。例如,如果工资增长超过生产率增长,这可能表明通货膨胀即将到来。中央银行可能会通过调整利率来控制通货膨胀。如果他们认为wage push inflation正在成为一个重大问题,他们可能会提高利率,以冷却经济并遏制通货膨胀压力。此外,wage push inflation对经济不同部门的影响可能各不相同。例如,依赖低工资劳动的行业,如零售和酒店业,可能特别容易受到工资上涨的影响。如果这些企业提高价格以覆盖更高的工资,消费者可能会选择减少支出,从而导致经济增长放缓。相反,那些能够轻松将成本转嫁给消费者的行业,如奢侈品,可能会受到工资上涨的影响较小。总之,wage push inflation是理解经济中工资与价格之间动态关系的重要概念。随着工资的上涨,企业可能面临提高价格的压力,可能导致通货膨胀。政策制定者必须仔细平衡这种微妙的关系,以促进经济增长,同时控制通货膨胀。通过理解wage push inflation的影响,我们可以更好地为不断变化的经济环境中的挑战做好准备。工人、企业和政府都必须认识到wage push inflation的迹象,并采取适当措施以减轻其影响。

相关单词

inflation

inflation详解:怎么读、什么意思、用法