Keynesian involuntary unemployment and sticky nominal wages.
A model in which sticky nominal wages and Keynesian involuntary unemployment are brought about as a consequence of the intertemporal optimization decisions of profit maximizing monopsonistic firms and wholly rational and informed personnel in an uncertain environment is presented. In the model, unc...
| Publicado en: | Economic Journal Vol. 106; pp. 1564 - 1586 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
November 1996
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| Acceso en línea: | Ver este registro en EBSCOhost |
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