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Is there a trade-off between inflation and output stabilization? / Alejandro Justiniano, Giorgio E. Primiceri, Andrea Tambalotti.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Justiniano, Alejandro.
Contributor:
National Bureau of Economic Research.
Primiceri, Giorgio E.
Tambalotti, Andrea.
Series:
Working Paper Series (National Bureau of Economic Research) no. w17071.
NBER working paper series no. w17071
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2011.
Summary:
Not in an estimated DSGE model of the US economy, once we account for the fact that most of the high-frequency volatility in wages appears to be due to noise, rather than to variation in workers' preferences or market power.
Notes:
Print version record
May 2011.

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