Postpandemic Nominal Wage Growth: Inflation Pass-Through or Labor Market Imbalance?

https://www.clevelandfed.org/publications/economic-commentary/ec-202313-postpandemic-nominal-wage-growth-inflation-passthrough-or-labor-market-imbalance
Martin DeLucaWillem Van Zandweghe
Federal Reserve Bank of Cleveland
August 14, 2023