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Postscript

Published in Japanese Economic Studies • Dec 1, 1981
NobleIDNI7P34W45R44S56
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Abstract

The analysis presented in this paper is based on data up to 1979. Two rounds of spring offensive have occurred since then. Wage raises agreed upon in these annual negotiations were 6.9% in 1980 and 7.7% in 1981, both relatively modest as compared to rises in the CPI, which were 7.5% (19791 to 19801)...

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