Search Results for Nominal Wages

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For a sample of US industries, nominal wage and price inflation follow aggregate price inflation...

This paper examines the long-run effects of macroeconomic policy shocks on the behavior of...

Wage setters take into account the future consequences of their current wage choices in the...

In recent years, many countries have successfully reduced their inflation rates to relatively low...

Belarusian authorities contemplate transiting to inflation targeting. The paper suggests a small...

This paper presents and estimates a small open economy dynamic stochastic general-equilibrium...