Keynesian Dynamics and the Wage–Price Spiral: Identifying Downward Rigidities
Year of publication: |
2005
|
---|---|
Authors: | Chen, Pu ; Flaschel, Peter |
Published in: |
Computational Economics. - Society for Computational Economics - SCE, ISSN 0927-7099. - Vol. 25.2005, 1, p. 115-142
|
Publisher: |
Society for Computational Economics - SCE |
Subject: | adverse real-wage adjustments | constrained switching models | downward wage and price rigidities | economic stagnation | wage and price Phillips-curves |
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