L Abor Market Regimes and Monetary Policy
نویسندگان
چکیده
In this paper we propose straightforward extensions of multi-union, monopolistic competition models appearing in the recent literature on the macroeconomic effects of monetary policy. We extend these models from the Stackelberg equilibrium to the Nash equilibrium under variations in labor market regime in order to evaluate propositions about non-neutrality of monetary policy. JEL Classification: E52, E58, J51.
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