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Credible Delegation
Corts, Kenneth S.; Neher, Darwin V. - 2006
We show that the vertical delegation of decision-making authority to agent firms can act as a credible strategic commitment even when contracts are unobservable (or renegotiable) if and only if multilateral delegation is combined with decentralized ownership of the agent firms. In this case, the...
Persistent link: https://www.econbiz.de/10014027325
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How will the interaction of wages and prices play out in the last mile of disinflation?
Kamin, Steven; Roberts, John M. - 2024
between wages and prices. A consideration that could loom large is the shortfall in wage gains relative to their pre …
Persistent link: https://www.econbiz.de/10014575696
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The interaction of monetary policy and wages
Thorvaldur Gylfason; Lindbeck, Assar - 1991
Persistent link: https://www.econbiz.de/10000128524
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Wage formation and monetary policy rules
Funke, Norbert - 1992
Persistent link: https://www.econbiz.de/10000134860
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Three essays in monetary policy
Kim, Sun Geun - 1991
Persistent link: https://www.econbiz.de/10000873072
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Wage contracts in a monetary economy with endogenous growth
Maußner, Alfred - 1999
Persistent link: https://www.econbiz.de/10001404729
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Time inconsistency in a model with lags, persistence, and overlapping wage contracts
Goodhart, Charles A. E. - In: Oxford economic papers 50 (1998) 3, pp. 378-396
Persistent link: https://www.econbiz.de/10001338131
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The interaction of monetary policy and wages
Thorvaldur Gylfason - In: Public choice 79 (1994) 1, pp. 33-46
Persistent link: https://www.econbiz.de/10001157952
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Stagflationary bias and the interaction of monetary policy and wages in a unionized economy
Cubitt, Robin P. - In: Public choice 93 (1997) 1, pp. 165-178
Persistent link: https://www.econbiz.de/10001226741
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Wage inflation, unionization, and monopoly power
Garman, David Michael - In: The journal of industrial economics 38 (1990) 3, pp. 269-281
Persistent link: https://www.econbiz.de/10001083418