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
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