Markup, Indexation and Inflation: A Bargaining Approach

Faria, JR

Markup, Indexation and Inflation: A Bargaining Approach

Faria, JR

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Publisher:: Elsevier Science
Publication Type:: Journal Article
Citation:: Faria, J. 2003 'Markup, Indexation and Inflation: A Bargaining Approach', Economic Modelling, vol. 18, no. 2, pp. 229-236.
Issue Date:: 2003

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Field	Value	Language
dc.contributor.author	Faria, JR	en_US
dc.date.accessioned	2009-12-21T02:36:28Z
dc.date.available	2009-12-21T02:36:28Z
dc.date.issued	2003	en_US
dc.identifier	2004004500	en_US
dc.identifier.citation	Faria, J. 2003 'Markup, Indexation and Inflation: A Bargaining Approach', Economic Modelling, vol. 18, no. 2, pp. 229-236.	en_US
dc.identifier.issn	0264-9993	en_US
dc.identifier.other	C1	en_US
dc.identifier.uri	http://hdl.handle.net/10453/5059
dc.description.abstract	The paper introduces a wage indexation rule into a bargaining framework, and shows that increasing indexation and decreasing competition among firms affects the price level and nominal wage positively. The macroeconomic implication is that there is room for active macroeconomic policies to stabilise output and employment, avoiding or minimising the effects of indexation.	en_US
dc.publisher	Elsevier Science	en_US
dc.relation.ispartof	Economic Modelling	en_US
dc.relation.isbasedon	http://dx.doi.org/10.1016/S0264-9993(00)00042-0	en_US
dc.title	Markup, Indexation and Inflation: A Bargaining Approach	en_US
dc.type	Journal article
utslib.citation.volume	18	en_US
utslib.citation.number	2	en_US
utslib.location	Lausanne, Switzerland	en_US
utslib.citation.startpage	229	en_US
utslib.citation.endpage	236	en_US
utslib.identifier.org	Mechanical Engineering	en_US
utslib.copyright.status	closed_access
pubs.declined	1970-01-01T00:00:00.0+1000

Abstract:

The paper introduces a wage indexation rule into a bargaining framework, and shows that increasing indexation and decreasing competition among firms affects the price level and nominal wage positively. The macroeconomic implication is that there is room for active macroeconomic policies to stabilise output and employment, avoiding or minimising the effects of indexation.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/5059