Arbeitspapier
Hyperbolic discounting and the Phillips curve
Using a standard dynamic general equilibrium model, we show that the interaction of staggered nominal contracts with hyperbolic discounting leads to inflation having significant long-run effects on real variables.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 3477
- Klassifikation
-
Wirtschaft
Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data)
- Thema
-
Inflation
unemployment
Phillips curve
nominal inertia
monetary policy
dynamic general equilibrium
Phillips-Kurve
Lohnrigidität
Dynamisches Gleichgewicht
Geldpolitik
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Graham, Liam
Snower, Dennis J.
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2008
- Handle
- URN
-
urn:nbn:de:101:1-2008050232
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Graham, Liam
- Snower, Dennis J.
- Institute for the Study of Labor (IZA)
Entstanden
- 2008
Ähnliche Objekte (12)
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and positive optimal inflation
Hyperbolic discounting and positive optimal inflation
Hyperbolic discounting and positive optimal inflation
Envy, guilt, and the Phillips curve
An anatomy of the Phillips curve
Envy, guilt, and the Phillips curve
An anatomy of the Phillips curve
Envy, guilt, and the Phillips curve
Envy, guilt, and the Phillips curve
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and positive optimal inflation
Hyperbolic discounting and positive optimal inflation
Hyperbolic discounting and positive optimal inflation
Envy, guilt, and the Phillips curve
An anatomy of the Phillips curve
Envy, guilt, and the Phillips curve
An anatomy of the Phillips curve
Envy, guilt, and the Phillips curve
Envy, guilt, and the Phillips curve
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and the Phillips curve
Hyperbolic discounting and positive optimal inflation
Hyperbolic discounting and positive optimal inflation
Hyperbolic discounting and positive optimal inflation
Envy, guilt, and the Phillips curve
An anatomy of the Phillips curve
Envy, guilt, and the Phillips curve
An anatomy of the Phillips curve
Envy, guilt, and the Phillips curve
Envy, guilt, and the Phillips curve