Real Wages, Monetary Accommodation, and Inflation
收藏NBER1989-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3146
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资源简介：
We analyze the dynamics of inflation in an economy characterized by a forward-looking, staggered, price and wage determination process, and by monetary accommodation. In our model, inflation reconciles the conflicting claims of workers and firms. The model is capable of generating a positive
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美国国家经济研究局创建时间：
1989-10-01
