derived and simulated. First of all, the monetary persistence of a pure price staggering economy is compared to a pure wage … are explored. Secondly, the thesis simulates the effects of real wage rigidities in a disinflation experiment non … microfounded labor market framework with insider wage bargaining, labor turnovers costs and tax distortions. The calibrated model …

that has been conspicuously lacking in Mozambique to date. Fourth, farmers without wage income are more likely to grow … tobacco; since other research shows that wage labor has driven most income growth in Mozambique over the past six years …