http://economistsview.typepad.com/economistsview/2012/04/evidence-of-nominal-wage-rigidities.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconomistsView+%28Economist%27s+View%29
Monday, April 2, 2012
Mark Thoma on Sticky Wages
Awhile back I outlined two models for the business cycle, both of which were predicated on "sticky" prices, which includes sticky wages. Mark Thoma at economistsview blog has an interesting post on the subject. Check it out.
http://economistsview.typepad.com/economistsview/2012/04/evidence-of-nominal-wage-rigidities.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconomistsView+%28Economist%27s+View%29
http://economistsview.typepad.com/economistsview/2012/04/evidence-of-nominal-wage-rigidities.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconomistsView+%28Economist%27s+View%29
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