Downward wage rigidity and optimal steady-state inflation

Downward wage rigidity and optimal steady-state inflation
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Book Synopsis Downward wage rigidity and optimal steady-state inflation by : Gabriel Fagan

Download or read book Downward wage rigidity and optimal steady-state inflation written by Gabriel Fagan and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

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This paper analyses the implications of heterogeneity in the type of downward wage rigidity (nominal or real) for optimal monetary policy in a monetary union wi