Sticky wage norms and the real wage cost of unexpected inflation

	Sticky wage norms and the real wage cost of unexpected inflation(bfi.uchicago.edu)
	384 points by jplusequalt 56 days ago \| 269 comments
	tl;dr: Summary not available
	HN Discussion: ↑Reinforces findings by highlighting that many workers still suffered real wage cuts despite job hopping ↑Argues inflation's impact is understated, especially in high cost areas or for aspirational goods ↓Criticizes the paper for excluding total compensation components like stock and benefits ↑Personal anecdotes confirming real wage declines after job changes or RSU losses •Contextualizes findings by noting timing (post-Covid) or sector-specific dynamics like tech