Wage Contracts, Capital Mobility, and Macroeconomic Policy /

This paper examines the long-run effects of macroeconomic policy shocks on the behavior of output, inflation, real wages and the real exchange rate in a small open economy. The analysis is based on a two-sector, three-good optimizing model with imperfect capital mobility, nominal wage contracts with...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Agenor, Pierre-Richard
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1995.
Sraith:IMF Working Papers; Working Paper ; No. 1995/010
Rochtain ar líne:Full text available on IMF