EconPapers    
Economics at your fingertips  
 

Informationally Sticky Nominal Wages

Jennifer La'O and Luigi Iovino

No 1517, 2017 Meeting Papers from Society for Economic Dynamics

Abstract: We study a class of economies in which incomplete information is the source of nominal price, nominal wage, and real frictions. Firms make nominal price-setting and real production decisions under imperfect information about the state of the economy. Workers also make nominal wage-setting decisions under imperfect information. We characterize both optimal fiscal and monetary policy within this class.

Date: 2017
New Economics Papers: this item is included in nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2017/paper_1517.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed017:1517

Access Statistics for this paper

More papers in 2017 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().

 
Page updated 2025-03-19
Handle: RePEc:red:sed017:1517