Macroeconomic Performance Under Alternative Exchange Rate Regimes : Does Wage Indexation Matter? /
This paper reexamines the macroeconomic effects of wage indexation in an open economy under alternative exchange rate regimes. The main finding is that, once the lags in actual indexation rules are considered, wage indexation affects output behavior substantially less than posited in the previous ac...
| Glavni autor: | |
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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Serija: | IMF Working Papers; Working Paper ;
No. 1998/118 |
| Online pristup: | Full text available on IMF |