Showing 1 - 10 of 17
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...
Persistent link: https://www.econbiz.de/10008520206
Persistent link: https://www.econbiz.de/10008520218
Persistent link: https://www.econbiz.de/10008643702
Persistent link: https://www.econbiz.de/10000605106
Persistent link: https://www.econbiz.de/10000509218
Persistent link: https://www.econbiz.de/10000509224
Persistent link: https://www.econbiz.de/10000165517
Persistent link: https://www.econbiz.de/10000007870
Persistent link: https://www.econbiz.de/10000573114