This paper demonstrates how adding nominal wage rigidity to a standard sticky price model can create a mechanism by which increases in government spending cause increases in consumption. The increase in output arising from government purchases puts upward pressure on the price level. At a fixed...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...

This dataset includes main economic indicators covering a wide range of areas, such as quarterly national accounts, business surveys, retail sales, industrial production, construction, consumer prices, total employment, unemployment rates, interest rates, money and domestic finance, foreign...