Showing 1 - 10 of 137
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/10010313770
Persistent link: https://www.econbiz.de/10011703935
Persistent link: https://www.econbiz.de/10011380225
Persistent link: https://www.econbiz.de/10010530015
Persistent link: https://www.econbiz.de/10010198475
Persistent link: https://www.econbiz.de/10010418282
Persistent link: https://www.econbiz.de/10010506721
Persistent link: https://www.econbiz.de/10010507843
Persistent link: https://www.econbiz.de/10012609693
Persistent link: https://www.econbiz.de/10013346597