I recently received notification of a new Brookings conference on wages: On February 28, The Hamilton Project at Brookings will host a forum to explore the most effective policy options to revitalize wage growth, including: the potential for boosting wage growth through monetary policy; restoring a level playing field for workers; and using educational investments to raise wages for young workers. I think it's a big mistake to try to use monetary policy to boost wages, except in the trivial sense that a sound monetary policy is also good for workers in the long run. Unfortunately, I imagine the people involved in this project have a more ambitious agenda in mind---using expansionary monetary policy to
Scott Sumner considers the following as important: labor market
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