G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9285
DP9285 Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment
Jordi Gali
发表日期2013-01-13
出版年2013
语种英语
摘要I revisit the General Theory's discussion of the role of wages in employment determination through the lens of the New Keynesian model. The analysis points to the key role played by the monetary policy rule in shaping the link between wages and employment, and in determining the welfare impact of enhanced wage flexibility. I show that the latter is not always welfare improving.
主题International Macroeconomics
关键词Employment stability Monetary policy rules Wage flexibility
URLhttps://cepr.org/publications/dp9285
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538121
推荐引用方式
GB/T 7714
Jordi Gali. DP9285 Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment. 2013.
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