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Money, Sticky Wages, and the Great Depression
Bordo, Michael D. - 1997
the price decline having a much larger unanticipated component during the Depression, as well as less flexible wage …
Persistent link: https://www.econbiz.de/10012472743
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Money, Sticky Wages, and the Great Depression
Bordo, Michael D.; Erceg, Christopher J.; Evans, Charles L. - 2000
the price decline having a much larger unanticipated component during the Depression, as well as less flexible wage …
Persistent link: https://www.econbiz.de/10014154226
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Wage Flexibility and Economic Performance : Evidence Across Industrial Countries
Kandil, Magda - 2021
aggregate demand shocks. Wage flexibility in response to energy price shocks guarantees workers higher real wages without … exacerbating price inflation or output contraction. Nominal wage inflation decreases in response to productivity shocks …
Persistent link: https://www.econbiz.de/10013317861
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The role of labor market structure and shocks for monetary policy in Kazakhstan
Tolepbergen, Alisher - In: International journal of economic policy studies 16 (2022) 1, pp. 179-210
Persistent link: https://www.econbiz.de/10013199081
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Credit crunch and downward nominal wage rigidities
Rouillard, Jean-François - In: Journal of money, credit and banking : JMCB 55 (2023) 4, pp. 889-914
Persistent link: https://www.econbiz.de/10014306165
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Nominal Wage Rigidity and Real Wage Cyclicality
Estevão, Marcello M.; Wilson, Beth Anne - 1999
identify movements along or shifts in labor demand. Our results are consistent with the theory of nominal wage rigidity and we …
Persistent link: https://www.econbiz.de/10014052493
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Money, Sticky Wages, and the Great Depression
Bordo, Michael D.; Erceg, Christopher J.; Evans, Charles L. - 2021
the price decline having a much larger unanticipated component during the Depression, as well as less flexible wage …
Persistent link: https://www.econbiz.de/10013217205
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Monetary policy, agency costs and output dynamics
Linnemann, Ludger; Schabert, Andreas - In: German economic review 4 (2003) 3, pp. 341-364
Persistent link: https://www.econbiz.de/10001777998
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The making of a great contraction with a liquidity trap and a jobless recovery
Schmitt-Grohé, Stephanie; Uribe, Martín - 2012
Persistent link: https://www.econbiz.de/10009679649
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The making of a great contraction with a liquidity trap and a jobless recovery
Schmitt-Grohé, Stephanie; Uribe, Martín - 2012
Persistent link: https://www.econbiz.de/10009679699