Observation:
Q4 2022: 0.76895 (+ more) Updated: Nov 2, 2023 1:10 PM CDTQ4 2022: | 0.76895 | |
Q3 2022: | 0.76872 | |
Q2 2022: | 0.77046 | |
Q1 2022: | 0.77450 | |
Q4 2021: | 0.77879 | |
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Units:
Index 2012=1,Frequency:
QuarterlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: DiCecio, Riccardo
Release: Sticky Wages and Sectoral Labor Comovement
Units: Index 2012=1, Seasonally Adjusted
Frequency: Quarterly
Relative price of equipment is calculated as equipment deflator (https://fred.stlouisfed.org/series/EDEF) divided by consumption deflator (https://fred.stlouisfed.org/series/CONSDEF).
For additional details see: R. DiCecio (2009). "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, 33(3): 538-53. (http://dx.doi.org/10.1016/j.jedc.2008.08.003).
DiCecio, Riccardo, Relative Price of Equipment [PERIC], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PERIC, May 3, 2024.