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Browsing ADEMU Working Papers Series by Subject "Downward nominal wage rigidity"

Browsing ADEMU Working Papers Series by Subject "Downward nominal wage rigidity"

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  • Wolf, Martin (2018-05)
    The combination of downward nominal wage rigidity and pegged exchange rate creates an externality which leads to excessive wage inflation (Schmitt-Groh_e and Uribe, 2016). This paper re-examines this result assuming that ...

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