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Monetary policy when wages are downwardly rigid: Friedman meets Tobin · Study

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ArticleMonetary policy when wages are downwardly rigid: Friedman meets Tobin

Jinill Kim2011

Article2011

Monetary policy when wages are downwardly rigid: Friedman meets Tobin

Jinill Kim · Francisco Javier Ruge-Murcia

44 citations·0/0 files stored·Journal of Economic Dynamics and Control

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

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References

1936The General Theory of Employment, Interest and Money.1936The General Theory of Employment, Interest and Money.1983Staggered prices in a utility-maximizing framework 1996Impulse response analysis in nonlinear multivariate models 1996Staggered Prices in a Utility-Maximizing Framework 2000Fairness as a Constraint on Profit Seeking: Entitlements in the Market 1987Stochastic Simulation 1985Indivisible labor and the business cycle

Cited by

2019Effective lower bound risk 2018Fiscal Multipliers at the Zero Lower Bound: The Role of Policy Inertia 2017The Reader's Guide to Optimal Monetary Policy 2016Labor market frictions and optimal steady-state inflation 2020Missing wage inflation? Estimating the natural rate of unemployment in a nonlinear DSGE model

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Details

Year2011

Typearticle

Published2011-09-06

VenueJournal of Economic Dynamics and Control

ISSN-L0165-1889

Languageen

Citations44

Files0 public / 0

ShelfMonetary Policy and Economic Impact

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doi10.1016/j.jedc.2011.08.002

openalex_workW2007826575

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