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Affordability and Some Welfare Aspects of Indexation

Author

Listed:
  • P. MORGAN
  • J. McDONALD
  • A. WOODFIELD

Abstract

A general equilibrium model with production and trade is used to analyze whether indexation schemes are affordable.

Suggested Citation

  • P. MORGAN & J. McDONALD & A. WOODFIELD, 1986. "Affordability and Some Welfare Aspects of Indexation," The Economic Record, The Economic Society of Australia, vol. 62(1), pages 37-48, March.
    • Handle: RePEc:bla:ecorec:v:62:y:1986:i:1:p:37-48
    DOI: 10.1111/j.1475-4932.1986.tb00879.x
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    References listed on IDEAS

    as
    1. Mishan, E J, 1980. "The New Welfare Economics: An Alternative View," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 21(3), pages 691-705, October.
    2. Gray, Jo Anna, 1976. "Wage indexation: A macroeconomic approach," Journal of Monetary Economics, Elsevier, vol. 2(2), pages 221-235, April.
    3. P. J. Lloyd, 1978. "Wage Indexation: The Treatment of Public Sector Taxes and Goods," The Economic Record, The Economic Society of Australia, vol. 54(2), pages 182-194, August.
    4. Blanchard, Olivier Jean, 1979. "Wage Indexing Rules and the Behavior of the Economy," Journal of Political Economy, University of Chicago Press, vol. 87(4), pages 798-815, August.
    5. Chipman, John S & Moore, James C, 1980. "Real National Income with Homothetic Preferences and a Fixed Distribution of Income," Econometrica, Econometric Society, vol. 48(2), pages 401-422, March.
    6. Lloyd, Peter J, 1978. "Wage Indexation: The Treatment of Public Sector Taxes and Goods," The Economic Record, The Economic Society of Australia, vol. 54(146), pages 182-194, August.
    7. Chipman, John S. & Moore, James C., 1972. "Social utility and the gains from trade," Journal of International Economics, Elsevier, vol. 2(2), pages 157-172, May.
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