Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Showing posts with label
Sticky salaries and wages
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Showing posts with label
Sticky salaries and wages
.
Show all posts
Tuesday 9 August 2011
Sticky salaries and wages
›
Sticky salaries and wages The constant real value non–monetary items salaries and wages are generally sticky downwards: it is not easy for...
Friday 18 December 2009
Sticky salaries and wages
›
The constant real value non-monetary items salaries and wages are generally sticky downwards: it is not easy for firms to reduce them in nom...
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