Blar i Statistics Norway's Open Research Repository (SNORRe) på emneord "Nominal rigidity"
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Macroeconomic stability or cycles : the role of the wage-price spiral
(Discussion Papers;No. 625, Working paper, 2010)Abstract: We derive aggregate supply (AS) relationships for an intermediate-run macro model.The wage-price spiral provides the conceptual framework for a synthesis of different contesting theoretical and empirical perspectives ...