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Economy / Economics / Macroeconomics / Inflation / Monetary economics / Labour economics / Keynesian economics / Employment compensation / Unemployment / Real versus nominal value / Deflation / Nominal rigidity
Date: 2016-06-07 05:20:17
Economy
Economics
Macroeconomics
Inflation
Monetary economics
Labour economics
Keynesian economics
Employment compensation
Unemployment
Real versus nominal value
Deflation
Nominal rigidity

Unemployment (Fears) and Deflationary Spirals Wouter J. Den Haan, Pontus Rendahl, and Markus Riegler† January 19, 2016 Abstract The interaction of incomplete markets and sticky nominal wages is shown to magnify busines

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