Employment Cost Index - Explained
What is the Employment Cost Index?
Written by J. Mance Gordon
Updated at April 23rd, 2024
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What is the Employment Cost Index?
An Employment Cost Index measures wage inflation in the labor market.
Related Topics
- Inflation
- Core Inflation
- Cost Push Inflation
- Demand Pull Inflation
- Wage Push Inflation
- Inflation Spiral (Wage-Price Spiral)
- Agflation
- Basket of Goods and Services
- Indexing and Index Number
- Base Year
- Consumer Price Index
- Substitution Bias
- Quality / New Goods Bias
- Core Inflation Index
- Producer Price Index
- International Price Index
- Employment Cost Index
- Buying Power Index
- Breakfast Index
- Employment Cost Index
- Producer Price Index
- Capital Goods Price Index
- Farm (Agricultural) Price Index
- Harmonized Index of Consumer Prices
- Repeated Sales Method (Real Estate)
- GDP Deflator
- Deflation
- Pigou Effect
- Hyperinflation (Economics)
- Biflation
- Inflation and Redistribution of Purchasing Power
- Inflation Blurs Price Signals
- Inflation Affects Long-Term Planning
- What are the Benefits of Inflation?
- Indexing and Index Number
- Cost of Living Allowance
- Adjustable Rate Mortgage