search query: @indexterm Monetary Policy / total: 1108
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| Author: | Calmfors, L. Johansson, Å. |
| Title: | Nominal wage flexibility, wage indexation and monetary union |
| Journal: | Economic Journal
2006 : JAN, VOL. 116:508, p. 283-308 |
| Index terms: | monetary policy PAY |
| Language: | eng |
| Abstract: | This article discusses how membership in a monetary union implies stronger incentives for nominal wage flexibility in the form of wagw indexation and shorter contact length than non-membership. |
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