THE HETEROGENEITY OF LABOR, WAGE INDEXATION AND WELFARE

被引：0

作者：

KOVANEN, A

机构：

[1] PURDUE UNIV,W LAFAYETTE,IN 47907

[2] EASTERN MICHIGAN UNIV,YPSILANTI,MI 48197

来源：

EUROPEAN ECONOMIC REVIEW | 1992年 / 36卷 / 01期

关键词：

D O I：

10.1016/0014-2921(92)90015-O

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

When disturbances are nominal, full indexation seems to be optimal. For real disturbances less than full indexation should be used. In the indexation literature this general result is obtained by assuming that labor is homogeneous and indexation is applied throughout the economy. In the paper we show that some qualifications need to be made when labor is heterogeneous and only a small portion of labor market is covered by indexation.

引用

页码：37 / 49

页数：13

共 15 条

[1] SUPPLY SHOCKS, WAGE INDEXATION AND MONETARY ACCOMMODATION [J].