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Productivity, indexation and macroeconomic outcomes: The implications of goods market competition and wage bargaining structure

  • James, Jonathan G.
  • Lawler, Phillip
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    Article provided by Elsevier in its journal Journal of Economics and Business.

    Volume (Year): 58 (2006)
    Issue (Month): 5-6 ()
    Pages: 465-479

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    Handle: RePEc:eee:jebusi:v:58:y:2006:i:5-6:p:465-479
    Contact details of provider: Web page: http://www.elsevier.com/locate/jeconbus

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    1. Herrendorf, Berthold & Lockwood, Ben, 1996. "Rogoff's Conservative Central Banker Restored," The Warwick Economics Research Paper Series (TWERPS) 450, University of Warwick, Department of Economics.
    2. Crosby, Mark, 1995. " Wage Indexation and the Time Consistency of Government Policy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 97(1), pages 105-12, March.
    3. Ball, Laurence, 1988. "Is Equilibrium Indexation Efficient?," The Quarterly Journal of Economics, MIT Press, vol. 103(2), pages 299-311, May.
    4. Lippi, F., 2000. "Strategic Monetary Policy with Non-Atomistic Wage-Setters," Papers 374, Banca Italia - Servizio di Studi.
    5. Skott, Peter, 1997. "Stagflationary Consequences of Prudent Monetary Policy in a Unionized Economy," Oxford Economic Papers, Oxford University Press, vol. 49(4), pages 609-22, October.
    6. Lawler, Phillip, 2001. "Monetary Policy, Central Bank Objectives, and Social Welfare with Strategic Wage Setting," Oxford Economic Papers, Oxford University Press, vol. 53(1), pages 94-113, January.
    7. Nishimura, Kiyohiko G., 1989. "Indexation and monopolistic competition in labor markets," European Economic Review, Elsevier, vol. 33(8), pages 1605-1623, October.
    8. Duca, John V & VanHoose, David D, 1991. "Optimal Wage Indexation in a Multisector Economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 32(4), pages 859-67, November.
    9. Coricelli, Fabrizio & Cukierman, Alex & Dalmazzo, Alberto, 2000. "Monetary Institutions, Monopolistic Competition, Unionized Labour Markets And Economic Performance," CEPR Discussion Papers 2407, C.E.P.R. Discussion Papers.
    10. Gray, Jo Anna, 1976. "Wage indexation: A macroeconomic approach," Journal of Monetary Economics, Elsevier, vol. 2(2), pages 221-235, April.
    11. Duca, John V. & VanHoose, David D., 1998. "Goods-market competition and profit sharing: a multisector macro approach," Journal of Economics and Business, Elsevier, vol. 50(6), pages 525-534, November.
    12. Duca, John V, 1987. "The Spillover Effects of Nominal Wage Rigidity in a Multisector Economy: A Note," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 19(1), pages 117-21, February.
    13. David D. VanHoose & Christopher J. Waller, 1989. "Discretionary monetary policy and socially efficient wage indexation," Research Working Paper 89-13, Federal Reserve Bank of Kansas City.
    14. Drudi, Francesco & Giordano, Raffaela, 2000. " Wage Indexation, Employment and Inflation," Scandinavian Journal of Economics, Wiley Blackwell, vol. 102(4), pages 645-68, December.
    15. Cukierman, A. & Lippi, F., 1998. "Central Bank Independence, Centralization of Wage Bargaining, Inflation and Unemployment - Theory and Some Evidence," Discussion Paper 1998-116, Tilburg University, Center for Economic Research.
    16. 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.
    17. Karni, Edi, 1983. "On Optimal Wage Indexation," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 282-92, April.
    18. De Bruyne, Guido, 1997. "Wage Indexation and the Exchange Rate Regime: A Strategic Analysis," Journal of Macroeconomics, Elsevier, vol. 19(3), pages 571-589, July.
    19. Lars Calmfors & Asa Johansson, 2006. "Nominal Wage Flexibility, Wage Indexation and Monetary Union," Economic Journal, Royal Economic Society, vol. 116(508), pages 283-308, 01.
    20. Oswald, Andrew J, 1985. " The Economic Theory of Trade Unions: An Introductory Survey," Scandinavian Journal of Economics, Wiley Blackwell, vol. 87(2), pages 160-93.
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