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Money and pay-as-you-go pension
Yasuoka, Masaya - In: Economies : open access journal 6 (2018) 2, pp. 1-15
-as-you-go pension changes capital accumulation. Therefore, the income growth rate should be changed to raise the welfare of all …
Persistent link: https://www.econbiz.de/10011853698
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Optimal indexation of government bonds and monetary policy
Hatcher, Michael C. - 2011 - Preliminary Draft
Using an overlapping generations model in which the young save for old age using indexed and nominal government bonds, this paper investigates how optimal indexation is influenced by monetary policy. In order to do so, two monetary policies with markedly different long run implications are...
Persistent link: https://www.econbiz.de/10008806362
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Taxation, wage bargaining, and unemployment
Mares, Isabela - 2006
Persistent link: https://www.econbiz.de/10002772687
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Central Bank Responsibility, Seigniorage, and Welfare
Bhattacharya, Joydeep; Haslag, Joseph - 2015
The money stock, in almost every country in the world, does not contract. This paper attempts a welfare … stationary monetary competitive equilibria which are also welfare maxima, in a world where the money stock cannot contract …
Persistent link: https://www.econbiz.de/10014173607
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Uncertainty, wage setting and decision making in a monetary union
Hefeker, Carsten - 2004
Persistent link: https://www.econbiz.de/10013430594
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Adjusting Wages for Price Inflation : The Rational-Arrangements Phillips Curve
Annable, James - 2007
A model of nominal labor-price dynamics is derived from the choice of an efficient strategy to adjust wages for …
Persistent link: https://www.econbiz.de/10012728533
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Monetary policy and price stability in British post-war debate : restatement of evidence from economists’ papers presented to the Radcliffe Committee
Cristiano, Carlo; Paesani, Paolo - In: The European journal of the history of economic thought 25 (2018) 6, pp. 1311-1341
Persistent link: https://www.econbiz.de/10012034558
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Assessing full employment in Australia
Ballantyne, Alexander; Sharma, Avish; Taylor, Tim - In: Bulletin / Reserve Bank of Australia (2024), pp. 1-12
Persistent link: https://www.econbiz.de/10014526885
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Has the EMU reduced wage growth and unemployment? : testing a model of trade union behavior
Mikosch, Heiner; Sturm, Jan-Egbert - 2011
; unemployment ; wages … (EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade …
Persistent link: https://www.econbiz.de/10009270311
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Has the EMU reduced wage growth and unemployment? : testing a model of trade union behavior
Mikosch, Heiner; Sturm, Jan-Egbert - In: European journal of political economy 28 (2012) 1, pp. 27-37
Persistent link: https://www.econbiz.de/10009516010