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Monetary accommodation and unemployment: Why central bank transparency matters

Eleftherios Spyromitros and Blandine Zimmer ()

Economics Letters, 2009, vol. 102, issue 2, 119-121

Abstract: 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.

Keywords: Monetary; regime; Wage; setting; Central; bank; transparency (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (9)

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Working Paper: Monetary accommodation and unemployment: Why central bank transparency matters (2007) Downloads
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