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Calvo Contracts - Optimal Indexation in General Equilibrium
Le, Vo Phuong Mai
;
Minford, A. Patrick L.
-
Economics Section, Cardiff Business School
-
2007
economy's behaviour under
rational
indexation
is similar to that of a New Classical model, with shocks producing an immediate …
Persistent link: https://www.econbiz.de/10005212005
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2
Calvo contracts: Optimal indexation in general equilibrium
Minford, Patrick
-
2007
behaves under
rational
indexation
is similar to a New Classical model, with shocks producing an immediate áuctuation in both …
Persistent link: https://www.econbiz.de/10010322779
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