IDEAS home Printed from https://ideas.repec.org/h/nbr/nberch/7671.html

Wage Indexation, Supply Shocks, and Monetary Policy in a Small, Open Economy

In: Economic Adjustment and Exchange Rates in Developing Countries

Author

Listed:
  • Joshua Aizenman
  • Jacob Frenkel

Abstract

No abstract is available for this item.

Suggested Citation

  • Joshua Aizenman & Jacob Frenkel, 1986. "Wage Indexation, Supply Shocks, and Monetary Policy in a Small, Open Economy," NBER Chapters, in: Economic Adjustment and Exchange Rates in Developing Countries, pages 89-142, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:7671
    as

    Download full text from publisher

    File URL: http://www.nber.org/chapters/c7671.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Fischer, Stanley, 1983. "Indexing and inflation," Journal of Monetary Economics, Elsevier, vol. 12(4), pages 519-541, November.
    2. William H. Branson & Julio J. Rotemberg, 1991. "International Adjustment with Wage Rigidity," NBER Chapters, in: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, pages 13-44, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sebastian Edwards, 1989. "On the Sequencing of Structural Reforms," OECD Economics Department Working Papers 70, OECD Publishing.
    2. Esteban Jadresic, 1998. "The Macroeconomic Consequences of Wage Indexation Revisited," Working Papers Central Bank of Chile 35, Central Bank of Chile.
    3. Feldkord, Eva-Ulrike, 2005. "On the relevance of monetary aggregates in monetary policy models," HWWA Discussion Papers 317, Hamburg Institute of International Economics (HWWA).
    4. Erceg, Christopher J. & Henderson, Dale W. & Levin, Andrew T., 2000. "Optimal monetary policy with staggered wage and price contracts," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 281-313, October.
    5. Feldkord, Eva-Ulrike, 2005. "On the Relevance of Monetary Aggregates in Monetary Policy Models," Discussion Paper Series 26343, Hamburg Institute of International Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jonathan A. Attey, 2016. "Time-Varying Degree of Wage Indexation and the New Keynesian Wage Phillips Curve," Tinbergen Institute Discussion Papers 16-102/VI, Tinbergen Institute.
    2. Giuseppe DIANA, 2000. "Wage Indexation, Central Bank Independence and the Cost of Disinflation," Working Papers of BETA 2000-03, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    3. Oscar Landerretche & Rodrigo Valdés, 1998. "Indexation: Historical Characteristics in Chile and International Experience," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 1(2), pages 041-068, December.
    4. Guglielmo Maria Caporale & Luis A. Gil-Alana, 2023. "Nominal and real wages in the UK, 1750–2015: mean reversion, persistence and structural breaks," SN Business & Economics, Springer, vol. 3(8), pages 1-10, August.
    5. Aurélien Goutsmedt & Matthieu Renault & Francesco Sergi, 2021. "European Economics and the Early Years of the International Seminar on Macroeconomics," Revue d'économie politique, Dalloz, vol. 131(4), pages 693-722.
    6. Ghada Abbas, 2006. "Gestion de la dette publique et lissage des taux d’imposition," CAE Working Papers 46, Aix-Marseille Université, CERGAM.
    7. Geronikolaou, George & Spyromitros, Eleftherios & Tsintzos, Panagiotis, 2016. "Inflation persistence: The path of labor market structural reforms," Economic Modelling, Elsevier, vol. 58(C), pages 317-322.
    8. Mohammed, Mikidadu, 2018. "Do Import Tariffs Generate Stagflationary Tendencies?," MPRA Paper 95128, University Library of Munich, Germany, revised 09 Apr 2019.
    9. Coe, David T, 1985. "Nominal Wages, the Nairu and Wage Flexibility," MPRA Paper 114295, University Library of Munich, Germany.
    10. Läufer, Nikolaus K. A. & Sundararajan, Srinivasa, 1992. "Stabilization policy in multi-country models," Discussion Papers, Series II 170, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    11. Jeffrey A. Frankel, 2016. "International Coordination," NBER Working Papers 21878, National Bureau of Economic Research, Inc.
    12. Eijffinger, S.C.W. & Rossi, A., 2006. "Structural Reforms and Growth : Product and Labor Market Deregulations," Discussion Paper 2006-112, Tilburg University, Center for Economic Research.
    13. Alesina, Alberto & Perotti, Roberto, 1995. "Taxation and redistribution in an open economy," European Economic Review, Elsevier, vol. 39(5), pages 961-979, May.
    14. Stephanos Papadamou & Eleftherios Spyromitros & Panagiotis Tsintzos, 2017. "Public investment, inflation persistence and central bank independence," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 44(6), pages 976-986, November.
    15. Buiter, Willem H. & Purvis, Douglas D., "undated". "Oil, Disinflation, And Export Competitiveness: A Model Of The "Dutch Disease"," Economic Research Papers 269137, University of Warwick - Department of Economics.
    16. Giersch, Herbert & Wolter, Frank, 1982. "On the recent slowdown in productivity growth in advanced economies," Kiel Working Papers 148, Kiel Institute for the World Economy.
    17. William H. Branson & Willem H. Buiter, 1982. "Monetary and Fiscal Policy with Flexible Exchange Rates," NBER Working Papers 0901, National Bureau of Economic Research, Inc.
    18. Goldberg, Michael D., 1995. "Symmetry restrictions and the semblance of neutrality in exchange rate models," Journal of Macroeconomics, Elsevier, vol. 17(4), pages 579-599.
    19. Levin, Jay H., 1997. "Stabilization policy, exchange rate expectations, and international transmission," Journal of Policy Modeling, Elsevier, vol. 19(1), pages 19-40, February.
    20. Eric Bleuze, 1988. "L'interdépendance des économies en change flexible : les apports d'une maquette dynamique," Post-Print hal-01304325, HAL.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberch:7671. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.