Answers are grounded in this paper and cite their sources.
Frank Brechling, Wage Inflation and the Structure of Regional Unemployment, Journal of Money, Credit and Banking, Vol. 5, No. 1, Part 2: The Universities--National Bureau Conference on Secular Inflation (Feb., 1973), pp. 355-379
No takes yet. Share an insight, caveat, or question.
Frank Brechling (1973) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: