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Optimal monetary policy and downward nominal wage rigidity in frictional labor markets

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Publication:315633
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DOI10.1016/J.JEDC.2012.09.003zbMath1345.91032OpenAlexW2149286394MaRDI QIDQ315633

Salem Abo-Zaid

Publication date: 22 September 2016

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/17489/4/MPRA_paper_17489.pdf


zbMATH Keywords

optimal monetary policydownward nominal wage rigidityintertemporal wedge smoothinglabor market frictionslong-run inflation rate


Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)


Related Items (1)

Revisiting the optimal inflation rate with downward nominal wage rigidity: the role of heterogeneity







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