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Real Wages and the Terms of Trade: Alternative Indexation Rules for an Open Economy


  • Marston, Richard C


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  • Marston, Richard C, 1984. "Real Wages and the Terms of Trade: Alternative Indexation Rules for an Open Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(3), pages 285-301, August.
  • Handle: RePEc:mcb:jmoncb:v:16:y:1984:i:3:p:285-301

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    References listed on IDEAS

    1. Fama, Eugene F, 1975. "Short-Term Interest Rates as Predictors of Inflation," American Economic Review, American Economic Association, vol. 65(3), pages 269-282, June.
    2. Barro, Robert J, 1970. "Inflation, the Payments Period, and the Demand for Money," Journal of Political Economy, University of Chicago Press, vol. 78(6), pages 1228-1263, Nov.-Dec..
    3. Lucas, Robert E, Jr, 1973. "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, American Economic Association, vol. 63(3), pages 326-334, June.
    4. Grossman, Herschel I & Policano, Andrew J, 1975. "Money Balances, Commodity Inventories, and Inflationary Expectations," Journal of Political Economy, University of Chicago Press, vol. 83(6), pages 1093-1112, December.
    5. Feige, Edgar L & Parkin, Michael, 1971. "The Optimal Quantity of Money, Bonds, Commodity Inventories, and Capital," American Economic Review, American Economic Association, vol. 61(3), pages 335-349, June.
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    Cited by:

    1. Lucy Rees & Rod Tyers, 2004. "On the Robustness of Short Run Gains from Trade Reform," CEPR Discussion Papers 474, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    2. Henderson, Dale W. & McKibbin, Warwick J., 1993. "A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 221-317, December.
    3. Patrick Minford, 1985. "The Effects of American Policies–A New Classical Interpretation," NBER Chapters,in: International Economic Policy Coordination, pages 84-138 National Bureau of Economic Research, Inc.

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