Shunto, Rational Expectations, and Output Growth in Japan
收藏NBER1983-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1144
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资源简介:
This paper describes a theoretical and empirical study of the Japanese macroeconomy that focuses on the role of predetermined nominal wages in the relation between monetary policy and aggregate output. The main features of the model are that nominal wage rates set at Shunto are equal to rational
提供机构:
美国国家经济研究局
创建时间:
1983-06-01



