Monetary accommodation and unemployment: Why central bank transparency matters

被引:9
|
作者
Spyromitros, Eleftherios [2 ]
Zimmer, Blandine [1 ,2 ]
机构
[1] Univ Siegen, Dept Econ, D-57068 Siegen, Germany
[2] Univ Strasbourg, BETA Theme, Strasbourg, France
关键词
Monetary regime; Wage setting; Central bank transparency; POLICY;
D O I
10.1016/j.econlet.2008.11.024
中图分类号
F [经济];
学科分类号
02 ;
摘要
This note qualifies previous results on the beneficial effects of a non-accommodating monetary rule on employment by considering the case where the central bank is not fully transparent about its reaction to wages. (c) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:119 / 121
页数:3
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