Stochastic Nominal Wage Contacts in a Cash-in-Advance Model
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More about this item
Keywords
Business Cycle; Money; Persistence; Nominal Wage Contracts;All these keywords.
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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