Real Wages and the Terms of Trade: Alternative Indexation Rules for an Open Economy
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https://www.nber.org/papers/w1046
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资源简介:
This paper examines the desirability of wage indexation in an open economy subject to economic disturbances which change the terms of trade and raise the prices of imported goods. Two indexation rules are considered, the traditional form of indexation to the consumer price index and indexation to
提供机构:
美国国家经济研究局
创建时间:
1982-12-01



