The Inflation-Unemployment Trade-Off at Low Inflation
收藏NBER2008-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13986
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资源简介:
Wage setters take into account the future consequences of their current wage choices in the presence of downward nominal wage rigidities. Several interesting implications arise. First, a closed-form solution for a long-run Phillips curve relates average unemployment to average wage inflation; the
提供机构:
美国国家经济研究局
创建时间:
2008-05-01



