Wage Indexation, Supply Shocks, and Monetary Policy in a Small, Open Economy

Joshua Aizenman and Jacob Frenkel, Economic Adjustment and Exchange Rates in Developing Countries (University of Chicago Press, 1986), chap. 3, https://www.nber.org/books-and-chapters/economic-adjustment-and-exchange-rates-developing-countries/wage-indexation-supply-shocks-and-monetary-policy-small-open-economy.