Optimal Central Bank Conservatism and Monopoly Trade Unions /

The "conservative central banker" has come under attack recently. On the basis of models in which there is explicit interaction between trade union behavior and monetary policy, it has been argued that if 'trade unions' are averse to inflation, welfare will be lower with a conser...

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Detalles Bibliográficos
Autor Principal: Hefeker, Carsten
Outros autores: Berger, Helge, Schlob, Ronnie
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/044
Acceso en liña:Full text available on IMF