Downward wage rigidity and optimal steady-state inflation

Downward wage rigidity and optimal steady-state inflation
Author: Gabriel Fagan
Publisher:
Total Pages:
Release: 2009
Genre:
ISBN:

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Downward wage rigidity and optimal steady-state inflation
Language: en
Pages:
Authors: Gabriel Fagan
Categories:
Type: BOOK - Published: 2009 - Publisher:

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Endogenous Growth, Downward Wage Rigidity and Optimal Inflation
Language: en
Pages:
Authors:
Categories:
Type: BOOK - Published: 2021 - Publisher:

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Standard New Keynesian (NK) models feature an optimal inflation target well below two percent, limited welfare losses from business cycle fluctuations and long-
The Impact of Downward Nominal Wage Rigidity on the Unemployment Rate
Language: en
Pages: 50
Authors: Sachiko Kuroda
Categories: Unemployment
Type: BOOK - Published: 2003 - Publisher:

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The Inflation-Unemployment Trade-off at Low Inflation
Language: en
Pages: 48
Authors: Pierpaolo Benigno
Categories: Business & Economics
Type: BOOK - Published: 2009-03-01 - Publisher: International Monetary Fund

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Wage setters take into account the future consequences of their current wage choices in the presence of downward nominal wage rigidities. Several interesting im
Technical Change, Wage and Price Dispersion, and the Optimal Rate of Inflation
Language: en
Pages: 0
Authors: Niloufar Entekhabi
Categories:
Type: BOOK - Published: 2008 - Publisher:

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This paper brings the elements of growth to the standard New Keynesian model to analyze the optimal rate of inflation. To our knowledge, this is the first theor