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Contracts and Money Author info | Abstract | Publisher info | Download info | Related research | Statistics Jovanic, Boyan
Ueda, Masako
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Why are contracts not fully indexed? In a setting in which fully indexed contracts are feasible, the authors find that, when price-level data are gathered with delay, these contracts are not renegotiation-proof. The contracts that replace them entail a lower level of welfare for the parties to that contract. They also imply that real variables respond to nominal shocks. Copyright 1997 by the University of Chicago.
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Article provided by University of Chicago Press in its journal Journal of Political Economy .
Volume (Year): 105 (1997)
Issue (Month): 4 (August)
Pages: 700-708
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Handle: RePEc:ucp:jpolec:v:105:y:1997:i:4:p:700-708Contact details of provider: Postal: The University of Chicago Press, Journals Division, P.O. Box 37005 Chicago, IL 60637 Fax: (773) 753-0811 Email: Web page: http://www.journals.uchicago.edu/JPE/home.html
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Paper Boyan Jovanovic & Masako Ueda, 1996.
"Contracts and Money ,"
NBER Working Papers
5637, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Jovanovic, B. & Ueda, M., 1996.
"Contracts and Money ,"
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Jean-Marc Tallon & Sujoy Mukerji, 2004.
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[Downloadable!] Mukerji, Sujoy & Tallon, Jean-Marc, 2004.
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[Downloadable!] (restricted) Jovanovic, B. & Ueda, M., 1998.
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98-15, C.V. Starr Center for Applied Economics, New York University.
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Other versions: Marvin Goodfriend & Robert G. King, 2001.
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Other versions: Antoine Martin & Cyril Monnet, 2000.
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Working Papers
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Other versions: repec:bep:mactop:v:6:y:2006:i:1:p:1296-1296 is not listed on IDEAS
Patrick Minford & Eric Nowell & Bruce Webb, 2003.
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[Downloadable!] (restricted)
repec:att:wimass:199715 is not listed on IDEAS
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