Observations

Q4 2024: 0.69496

Updated: Dec 10, 2025 3:18 PM CST

Units:

Index 2017=1,

Seasonally Adjusted

Frequency:

Quarterly

Notes

Title	Release Dates

Relative Price of Equipment	2013-07-31	2025-09-26

Source

DiCecio, Riccardo	2013-07-31	2025-09-26

Release

Sticky Wages and Sectoral Labor Comovement	2013-07-31	2025-09-26

Units

Index 2009=1	2013-07-31	2018-07-30
Index 2012=1	2018-07-31	2025-03-05
Index 2017=1	2025-03-06	2025-09-26

Frequency

Quarterly	2013-07-31	2025-09-26

Seasonal Adjustment

Seasonally Adjusted	2013-07-31	2025-09-26

Notes

Relative price of equipment is calculated as equipment deflator (https://fred.stlouisfed.org/series/EDEF) divided by consumption deflator (https://fred.stlouisfed.org/series/CONSDEF). For additional details see: R. DiCecio (2009). "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, 33(3): 538-53. (http://dx.doi.org/10.1016/j.jedc.2008.08.003).	2013-07-31	2025-09-26

Relative Price of Equipment (PERIC)