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receivable as a trade-off between the benefit from lower interest rates and the implicit cost from the disclosure of private … larger); ii) when information disclosure costs for the firm are lower (e.g., when the information is dispersed among many …
Persistent link: https://www.econbiz.de/10005111571
This paper proposes a conceptual framework that makes it possible to investigate the effects of central bank independence, the degree of centralization of wage bargaining and the interaction between those institutional variables on the real wage, unemployment and inflation. This is done by...
Persistent link: https://www.econbiz.de/10005111579