Heterogeneous Downward Nominal Wage Rigidity: Foundations of a Nonlinear Phillips Curve
收藏NBER2022-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30774
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资源简介：
We propose a model with heterogeneous downward nominal wage rigidity for individual labor varieties. The model delivers a nonlinear wage Phillips curve linking current wage inflation with current unemployment that is relatively steep at high levels of inflation and flat at low levels of inflation.
提供机构：
美国国家经济研究局
创建时间：
2022-12-01
