The Resource Wage indexation and the cost of disinflation, prepared by Esteban Jadresić

Wage indexation and the cost of disinflation, prepared by Esteban Jadresić

Label
Wage indexation and the cost of disinflation
Title
Wage indexation and the cost of disinflation
Statement of responsibility
prepared by Esteban Jadresić
Creator
Contributor
Subject
Language
eng
Summary
Annotation
Member of
Action
digitized
Cataloging source
OCLCE
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3810
LC item number
.I45 no.96/48
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/96/48
Summary expansion
While a standard academic presumption has been that wage indexation reduces the cost of disinflation, policymakers generally contend that wage indexing makes disinflation more difficult. to shed light on these views, this paper reexamines the effects of wage indexing on the output loss caused by money-based stabilization. It finds that the cost of disinflation with indexed wage contracts tends to be smaller than that with contracts that specify preset time-varying wages, but larger than that with contracts that specify fixed wages. Thus the academic and policymakers views can be both appropriate depending on the standard of reference
Label
Wage indexation and the cost of disinflation, prepared by Esteban Jadresić
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references (pages 21-23)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn648388127
Dimensions
unknown
Extent
1 online resource (iii, 23 pages)
File format
one file format
Form of item
online
Isbn
9781455289721
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37191238
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)648388127
  • imf1455289728
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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