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Wage flexibility and openness

Aizenman, Joshua - 1983

Persistent link: https://www.econbiz.de/10001817710

Wage flexibility and openness

Aizenman, Joshua - In: The quarterly journal of economics 100 (1985) 2, pp. 539-550

Persistent link: https://www.econbiz.de/10001817718

Fair wages and unemployment in a small open economy

Kreickemeier, Udo (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003329718

Optimal adjustment paths in a monetary union

Belke, Ansgar; Gros, Daniel - In: Economic modelling 67 (2017), pp. 338-345

Persistent link: https://www.econbiz.de/10011813837

Real-wage versus wage-share targets in an open-economy model of the wage and price dynamics

Harck, Søren H. - In: Review of Keynesian economics 5 (2017) 2, pp. 276-299

Persistent link: https://www.econbiz.de/10011732688

Optimal adjustment paths in a monetary union

Belke, Ansgar; Gros, Daniel - 2017

What to do when a country experiences a sudden stop in capital inflows and has to adjust externally? Sticky wages make …

Persistent link: https://www.econbiz.de/10011691590

Wage Flexibility and Openness

Aizenman, Joshua - 1983

This paper analyzes the degree of short-run, real wage flexibility in a two-sector economy under floating rates. This is done by deriving optimal wage indexation in a contracting framework. We find that the more closed the economy, the lower the degree of wage indexation. As a result, output...

Persistent link: https://www.econbiz.de/10012477994

Real and Nominal Wage Adjustment in Open Economies

Forslund, Anders - 2013

How are wages set in an open economy? What role is played by demand pressure, international competition, and structural … factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages … equation on data for aggregate manufacturing wages in Denmark, Finland, Norway, and Sweden from the mid 1960s to the mid 1990s …

Persistent link: https://www.econbiz.de/10012754391

Fair Wages and Unemployment in a Small Open Economy

Kreickemeier, Udo; Schonwald, Steffi - 2006

fair wages. The model is used inter alia to analyse the labour market effects of changes in unemployment benefits and the …

Persistent link: https://www.econbiz.de/10014058185

Calvo wages vs. search frictions : a horse race in a dsge model of a small open economy

Kirchner, Markus; Tranamil, Rodrigo - 2016

Persistent link: https://www.econbiz.de/10011813998