Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin
dc.contributor.author | Kim, Jinill | |
dc.contributor.author | Ruge-Murcia, Francisco | |
dc.date.accessioned | 2010-07-29T16:41:50Z | |
dc.date.available | 2010-07-29T16:41:50Z | |
dc.date.issued | 2009-11 | |
dc.identifier.uri | http://hdl.handle.net/1866/3999 | |
dc.publisher | Université de Montréal. Département de sciences économiques. | fr |
dc.subject | Downward nominal wage rigidity | en |
dc.subject | Asymmetric effects of monetary policy | en |
dc.subject | Optimal inflation | en |
dc.subject | Nonlinear dynamics | en |
dc.subject | E4, E5 | en |
dc.title | Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin | en |
dc.type | Article | en |
dc.contributor.affiliation | Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques | |
dcterms.abstract | In a monetary economy with downwardly rigid wages, the central banker should target a low, but strictly positive, inflation rate. | en |
dcterms.isPartOf | urn:ISSN:0709-9231 | |
dcterms.language | eng | en |
UdeM.VersionRioxx | Version publiée / Version of Record | |
oaire.citationTitle | Cahier de recherche | |
oaire.citationIssue | 2009-14 |
Files in this item
This item appears in the following Collection(s)
This document disseminated on Papyrus is the exclusive property of the copyright holders and is protected by the Copyright Act (R.S.C. 1985, c. C-42). It may be used for fair dealing and non-commercial purposes, for private study or research, criticism and review as provided by law. For any other use, written authorization from the copyright holders is required.