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Spectral and persistence properties of cyclical growth

✍ Scribed by Fabrice Collard


Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
285 KB
Volume
23
Category
Article
ISSN
0165-1889

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πŸ“œ SIMILAR VOLUMES


Stability and wage acceleration in macro
✍ A. R. Bergstrom πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 98 KB

## Abstract This paper is concerned with the stability of macroeconomic models in which there is no long‐run trade‐off between unemployment and inflation, because of a wage adjustment equation based on the NAIRU concept. It is shown, for a simple theoretical model and for the Bergstrom–Nowman–Wymer