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Monetary union and pegging in the presence of labor unions
Korpos, Attila - In: The Scandinavian journal of economics 114 (2012) 2, pp. 466-479
Persistent link: https://www.econbiz.de/10009670394
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Centralized union and macroeconomic policy : a note
Rødseth, Asbjørn - 1985
Persistent link: https://www.econbiz.de/10000608462
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Effects of expansionary policies in a unionized economy
Hersoug, Tor - 1978
Persistent link: https://www.econbiz.de/10001445900
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The stagflationary consequences of "prudent" monetary policy in a unionized economy
Skott, Peter - 1995
Persistent link: https://www.econbiz.de/10000916132
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Unions Power, Collective Bargaining and Optimal Monetary Policy
Faia, Ester; Rossi, Lorenza - 2010
We study Ramsey policies and optimal monetary policy rules in a model with sticky prices and unionized labour markets. Collective wage bargaining and unions monopoly power dampen wage fluctuations and amplify employment fluctuations relatively to a DNK model. The optimal monetary policy must...
Persistent link: https://www.econbiz.de/10010343879
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Fiscal policy, labour unions and monetary institutions : their long run impact on unemployment, inflation and welfare
Cukierman, Alex; Dalmazzo, Alberto - 2007
Persistent link: https://www.econbiz.de/10003530355
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Market Structure and Monetary Non-neutrality
Mongey, Simon - 2021
competitive sectors—separately parameterized to match the same microdata on price flexibility—the oligopoly economy features a … parameters, output responses are five times larger. An oligopoly economy also (i) requires smaller menu costs and idiosyncratic … rationale for positive menu costs: in an oligopoly firms prefer a degree of rigidity to complete flexibility. Quantitatively …
Persistent link: https://www.econbiz.de/10013212404
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Market structure and monetary non-neutrality
Mongey, Simon - 2017
Persistent link: https://www.econbiz.de/10011795285
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Fiscal policy, labor unions, competitiveness and monetary institutions : their long run impact on unemployment, inflation and welfare
Cukierman, Alex (contributor); Dalmazzo, Alberto (contributor) - 2007
OBJECTIVES AND MOTIVATION: This paper considers the impact of interactions between competitiveness, fiscal policy and monetary institutions in the presence of unionized labor markets on economic outcomes and welfare in the long run. Two main classes of questions are investigated. First, what is...
Persistent link: https://www.econbiz.de/10003485021
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Optimal central bank conservatism and monopoly trade unions
Berger, Helge; Hefeker, Carsten; Schöb, Ronnie - 2001
OPTIMThe conservative central banker has come under attack recently. Explicitly modeling the interaction of a trade union with monetary policy, it has been argued that the standard solution to the inflationary bias in monetary policy might actually be welfare reducing if the trade union has an...
Persistent link: https://www.econbiz.de/10011397779