The Fed’s latest “Beige Book” report on economic conditions suggested downward pressure on prices and wages.

美联储最新的“褐皮书”中关于经济情况的报告中指出存在价格和工资的下行压力。

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The Fed's latest "Beige Book" report on economic conditions suggested downward pressure on prices and wages.

美联储最新的“褐皮书”中关于经济情况的报告中指出存在价格和工资的下行压力。

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For example, the cost of a universityeducation involves tuition, and text book purchases, andalso the wages that would have been earned during the time at university, butwere not.

比如，上大学的成本包括学费、书费，还有如果你不上大学，能够挣到的工资。

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They also summarize their evidence in their 2008 book Minimum Wages.

FORBES: Resources on the Minimum Wage

Nancy Folbre, an economist at the University of Massachusetts, Amherst, argued in her 2008 book "Valuing Children" that forgone wages should be included in the cost of raising children.

WSJ: Kids Can Be Costly Long After They Turn 18

Mr Bewley's book is not the last word on sticky wages.

ECONOMIST: Why wages do not fall in recessions