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Wage Indexation and Exchange Market Intervention in a Small Open Economy

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NBER1983-07-01 更新2025-01-04 收录
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The analysis of this paper stresses the interdependence between wage indexation on the one hand, and exchange market intervention on the other,as tools of'macroeconomic stabilization policy in a small open economy subject to stochastic disturbances. It is shown how the choice of eitherpolicy

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1983-07-01
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