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Wage Indexation and Macroeconomic Fluctuations

Abstract : Recent theoretical developments in general equilibrium theory have incorporated the possibility of imperfectly flexible prices, the general consistency of transactions being attained through quantity rationing. The basic contributions along these lines are due to Benassy (1975), Drèze (1975) and Younès (1975).
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Submitted on : Thursday, October 21, 2021 - 9:41:53 PM
Last modification on : Tuesday, January 25, 2022 - 3:18:03 PM

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  • HAL Id : hal-03393158, version 1
  • SCIENCESPO : 2441/6300

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Pierre Dehez, Jean-Paul Fitoussi. Wage Indexation and Macroeconomic Fluctuations. Wilfred Beckerman. Wage rigidity and unemployment, Johns Hopkins University Press, pp.201 - 217, 1986, 0715620819. ⟨hal-03393158⟩

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