find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …

presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by hindering real wage …Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so … möglicherweise zu erhöhter gleichgewichtiger Arbeitslosigkeit. Dieser Aufsatz analysiert die wachsende Evidenz zu nach unten starren …

Nominallöhne in Deutschland. Unter Verwendung von drei alternativen Modellvarianten für die proportionale … Abwärtsnominallohnstarrheit in Deutschland erheblich ist. Die realen Implikationen der nach unten starren Nominallöhne sind bei konstantem … Abwärtsnominallohnstarrheit vom inflationären Umfeld selbst abhängt und in Phasen mit niedriger Inflation sinkt. …

of an inflation, induced primarily by monetary forces, when nominal wages failed to keep pace with the rise in consumer …

In this Manifesto, we make a set of proposals to fight unemployment in the EU. We believe that the European … unemployment problem needs to be attacked on two fronts: through a broad spectrum of supply-side policies and the demand management …-side measures are also taken, demand expansion can result in more inflation instead of more employment, because of the mismatch …

In this Manifesto, we make a set of proposals to fight unemployment in the EU. We believe that the European … unemployment problem needs to be attacked on two fronts: through a broad spectrum of supply-side policies and the demand management …-side measures are also taken, demand expansion can result in more inflation instead of more employment, because of the mismatch …