Quotesdtb.com
Home
Authors
Quotes of the day
Top quotes
Topics
Alan Greenspan quotes - page 4
For some, the benign inflation outcome of 1996 might be considered surprising, as resource utilization rates--particularly of labor--were in the neighborhood of those that historically have been associated with building inflation pressures. To be sure, an acceleration in nominal labor compensation, especially its wage component, became evident over the past year. But the rate of pay increase still was markedly less than historical relationships with labor market conditions would have predicted. Atypical restraint on compensation increases has been evident for a few years now and appears to be mainly the consequence of greater worker insecurity. In 1991, at the bottom of the recession, a survey of workers at large firms by International Survey Research Corporation indicated that 25 percent feared being laid off. In 1996, despite the sharply lower unemployment rate and the tighter labor market, the same survey organization found that 46 percent were fearful of a job layoff.
Alan Greenspan
Previous
1
2
3
4
(Current)
Next
Alan Greenspan
Occupation:
American Chairman
Born:
March 6, 1926
Quotes count:
77
Wikipedia:
Alan Greenspan
Related authors
Andrea Mitchell
7
American Journalist
Ben Bernanke
49
American Public Servant
Janet Yellen
28
American Public Servant
Paul Volcker
12
American Economist
Ayn Rand
467
American Writer
Milton Friedman
200
American Economist
Lawrence Summers
33
American Economist
Henry Paulson
38
American Public Servant
George W. Bush
797
American President
Paul Krugman
150
American Economist