Signalling, wage controls and monetary disinflation policy

Authors
Publication date 1993
Journal Economic Journal
Volume | Issue number 103 | 416
Pages (from-to) 79--
Number of pages 19
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract Focuses on wage control and monetary disinflation policy. How the crucial variable to control is the money supply and wage and price controls should be avoided because of their macroeconomic costs; The two types of government as being low-inflation governments and high-inflation governments; How wage controls have microeconomic costs.
Document type Article
Published at https://doi.org/10.2307/2234338
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