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Sectorial wages and the real exchange rate
Aizenman, Joshua; Frenkel, Jacob A. - 1986
Persistent link: https://www.econbiz.de/10000689829
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Optimal wage re-negotiation
Aizenman, Joshua - 1984
Persistent link: https://www.econbiz.de/10001817573
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Optimal wage re-negotiation in a closed and open economy
Aizenman, Joshua - In: Journal of monetary economics 13 (1984) 2, pp. 251-262
Persistent link: https://www.econbiz.de/10001817581
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Wage contracts with incomplete and costly information
Aizenman, Joshua - 1983
Persistent link: https://www.econbiz.de/10001817686
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Wage flexibility and openness
Aizenman, Joshua - 1983
Persistent link: https://www.econbiz.de/10001817710
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Wage flexibility and openness
Aizenman, Joshua - In: The quarterly journal of economics 100 (1985) 2, pp. 539-550
Persistent link: https://www.econbiz.de/10001817718
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Technological change, relative wages, and unemployment
Agénor, Pierre-Richard - In: European economic review : EER 41 (1997) 2, pp. 187-205
Persistent link: https://www.econbiz.de/10001222807
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Wage Flexibility and Openness
Aizenman, Joshua - 2021
This paper analyzes the degree of short-run, real wage flexibility in a two-sector economy under floating rates. This is done by deriving optimal wage indexation in a contracting framework. We find that the more closed the economy, the lower the degree of wage indexation. As a result, output...
Persistent link: https://www.econbiz.de/10013219727
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Optimal Wage Re-Negotiation
Aizenman, Joshua - 2021
This paper investigates an economy in which there are short-term wage contracts that are re-negotiated under certain conditions. This paper determines the optimal frequency of wage re-negotiation and shows that it depends positively on measures of aggregate variability and Phillips curve slope....
Persistent link: https://www.econbiz.de/10013221119
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Sectorial Wages and the Real Exchange Rate
Aizenman, Joshua; Frenkel, Jacob A. - 2021
prices. How should the structure of sectorial wages adjust in response to such a shock? This question is addressed in the … are affected by the exogenous real shock. Cost of negotiations result in labor market contracts which set nominal wages in …-indexation rules. The optimal rules alter both the absolute and the relative structure of sectorial nominal wages. We examine the …
Persistent link: https://www.econbiz.de/10013225012