Wages, Relative Prices, and the Choice between Fixed and Flexible Exchange Rates
收藏NBER1981-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w0793
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资源简介:
This paper reexamines the choice between fixed and flexible rates to take into account wage indexation and flexible prices. The model employed is of a small open economy faced by monetary and aggregate demand disturbances originating at ham and abroad. Aggregate supply behavior in this &el varies
提供机构:
美国国家经济研究局
创建时间:
1981-10-01



