Title of article
Optimal wage indexation with exchange rate uncertainty in an oligopolistic and unionized economy
Author/Authors
Johan Van Gompel، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1995
Pages
9
From page
37
To page
45
Abstract
The role of wage indexation as a policy instrument in a model of an oligopolistic and unionized economy is examined. There is uncertainty on the future exchange rate evolution when writing labour contracts. Optimal indexation is shown to depend on product market characteristics.
Journal title
Economics Letters
Serial Year
1995
Journal title
Economics Letters
Record number
433896
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