òòò½Íø

Search

Showing 8,981-9,000 of 18,056 items.

Fixed-Wage Contracts and Monetary Non-neutrality

By Maria µþÂáö°ù°ì±ô³Ü²Ô»å, Mikael Carlsson, and Oskar Nordström Skans

òòò½Íø Journal: Macroeconomics, April 2019

We study the importance of wage rigidities for the monetary policy transmission mechanism. Using uniquely rich micro data on Swedish wage negotiations, we isolate periods when the labor market is covered by fixed-wage contracts. Importantly, negotiations ...