Title of article :
Nominal and real wage rigidity in a friction model
Author/Authors :
Louis N. Christofides، نويسنده , , Dingding Li، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2005
Abstract :
Nominal wage adjustment in contract data is examined for evidence of nominal and real rigidities. A friction model, encompassing many special cases, is used to analyse data from a rich inflation period.
Keywords :
nominal , Real rigidity , Contracts , Menu-costs
Journal title :
Economics Letters
Journal title :
Economics Letters
