Supply Shocks, Wage Indexation and Monetary Accommodation
收藏NBER1985-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1609
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资源简介：
This paper develops a unified framework for the analysis of wage indexation and monetary policy in the presence of supply shocks. We first present simple formulae for the optimal wage indexation rule and for the optimal money supply rule. In order to set the stage for an evaluation of departures
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美国国家经济研究局创建时间：
1985-04-01
