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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9285 |
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 |
URL | https://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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