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Contracts and Money Author info | Abstract | Publisher info | Download info | Related research | Statistics Jovanovic, B.
Ueda, M.
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We study the principal-agent problem when there is nominal risk. We find that when nominal data are gathered with delay, fully indexed contracts are not time consistent, not renegociation proof.
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Paper provided by C.V. Starr Center for Applied Economics, New York University in its series Working Papers with number
96-23.
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Length: 26 pages
Date of creation: 1996Date of revision:
Handle: RePEc:cvs:starer:96-23Contact details of provider: Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012 Phone: (212) 998-8936 Fax: (212) 995-3932 Web page: http://econ.as.nyu.edu/object/econ.cvstarr.html More information through EDIRC
Order Information: Postal: C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012 Email:
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Keywords: CONTRACTS ; MONEY ; Other versions of this item:
Find related papers by JEL classification: E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data) K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law) K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
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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.
"Ambiguity aversion and the absence of wage indexation ,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
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Working Papers
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"The case for price stability ,"
Working Paper
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