Ajustes discontinuos de salarios, inflación y fluctuaciones económicas

If nominal wages adjust less frequently than prices, a constant rate of growth of the quantity of money will produce cyclical fluctuations of production and inflation. The same phenomenon can modify the average long run production of the economy, generating Phillips curves sometimes with a negative...

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Bibliographic Details
Main Author: Rodríguez Arana, Alejandro
Format: Online
Language:Spanish
Editor: El Colegio de México, A.C. 2002
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/196
Journal:

Estudios Económicos