• 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
  • Pages
    7
  • From page
    235
  • To page
    241
  • 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
  • Serial Year
    2005
  • Journal title
    Economics Letters
  • Record number

    435663