Allocative and Remitted Wages: New Facts and Challenges for Keynesian Models
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Modern monetary business-cycle models rely heavily on price and wage rigidity. While there is substantial evidence that prices do not adjust frequently, there is much less evidence on whether wage rigidity is an important feature of real world labor markets. While real average hourly earnings are
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美国国家经济研究局创建时间：
2016-05-01
