https://gdpark.blog/tags/real-wage/Recent content in Real Wage on gdpark.blogHugoenTue, 12 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-05-wage-setting-and-price-setting/Tue, 12 Jan 2016 00:00:00 +0000https://gdpark.blog/posts/macroeconomics-05-wage-setting-and-price-setting/Picking up where we left off, we graph wage setting and price setting curves to nail down the natural unemployment rate — and yeah, it basically all comes down to markup.