Imported Materials Prices, Wage Policy, and Macroeconomic Stabilization
收藏NBER1983-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1254
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资源简介:
This paper analyzes two simple wage rules that keep employment constant when there are shocks to the prices of imported materials. One rule ties nominal wages to the GNP deflator rather than the consumer price index. The second rule, followed by Japan after the second oil price shock, ties the real
提供机构:
美国国家经济研究局
创建时间:
1983-12-01



