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Federal Reserve Bank of Dallas
Southwest Economy
Wage flexibility in Texas may ease impact of tighter monetary policy
Anil Kumar
Abstract

Because wages are more flexible in Texas than in other parts of the U.S., the state’s unemployment rate will be less prone to rise when interest rates increase.


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Anil Kumar, "Wage flexibility in Texas may ease impact of tighter monetary policy" , Federal Reserve Bank of Dallas, Southwest Economy, issue Q3, pages 3-7, 2015.
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