Weekend reading

This is a weekly post we publish every Friday with links to articles we think anyone interested in equitable growth should read. We won’t be the first to share these articles, but we hope by taking a look back at the whole week we can put them in context.

Wages

Justin Wolfers and Jan Zilinsky review economics research on the connection between higher wages and productivity. [piie (opens in a new tab)]

Neil Irwin points to three signs that wage growth could pick up in 2015. [the upshot (opens in a new tab)]

Mark Thoma argues long-term forces will hold back wage growth even as the labor market continues to recover. [the fiscal times (opens in a new tab)]

Inflation

Carola Binder looks at the problems with central banks targeting inflation when inflation is already low. [quantitative ease (opens in a new tab)]

Noah Smith says that Fed should consider letting inflation run above its target rate of 2 percent. [bloomberg view (opens in a new tab)]

Matthew C. Klein investigates the relationship between inflation and investment and finds conflicting stories. [ft alphaville (opens in a new tab)]

Gwynn Guilford highlights the potentially toxic mix of deflation and debt in the Chinese economy. [quartz (opens in a new tab)]