The role of contracting schemes for the welfare costs of nominal rigidities over the business cycle
Year of publication: |
2005
|
---|---|
Authors: | Paustian, Matthias |
Institutions: | Deutsche Bundesbank |
Subject: | welfare | Calvo | Taylor | sticky information | costs of nominal rigidities |
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The role of contracting schemes for the welfare costs of nominal rigidities over the business cycle
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Can Wage and Price Stickiness Account for Sizeable Costs of Business Cycle Fluctuations?
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