| dc.creator |
Graham, Liam |
|
| dc.creator |
Snower, Dennis J. |
|
| dc.date |
2007 |
|
| dc.date.accessioned |
2013-10-16T06:22:40Z |
|
| dc.date.available |
2013-10-16T06:22:40Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/4030 |
|
| dc.identifier |
ppn:534972926 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/4030 |
|
| dc.description |
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 e¤ects on real variables. |
|
| dc.language |
eng |
|
| dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
| dc.relation |
Kieler Arbeitspapiere 1346 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
E20 |
|
| dc.subject |
E40 |
|
| dc.subject |
E50 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Inflation |
|
| dc.subject |
Unemployment |
|
| dc.subject |
Phillips curve |
|
| dc.subject |
Monetary policy |
|
| dc.subject |
Dynamic general equilibrium |
|
| dc.subject |
Nominal inertia |
|
| dc.subject |
Phillips-Kurve |
|
| dc.subject |
Lohnrigidität |
|
| dc.subject |
Dynamisches Gleichgewicht |
|
| dc.subject |
Geldpolitik |
|
| dc.subject |
Theorie |
|
| dc.title |
Hyperbolic discounting and the Phillips curve |
|
| dc.type |
doc-type:workingPaper |
|