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...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
1995.
|
| Loạt: | IMF Working Papers; Working Paper ;
No. 1995/010 |
| Truy cập trực tuyến: | Full text available on IMF |