Does Inflation "Grease the Wheels of the Labor Market"?

David Card & Dean Hyslop
Published Date
Copyright 1997
ISBN 0-226-72484-0
Reducing Inflation
Book: Reducing Inflation: Motivation and Strategy
Book Editors: Christina D. Romer & David H. Romer
PUBLISHER: University of Chicago Press
Series: Studies in Business Cycles
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Topics

Macroeconomics
Business Cycles
Labor Economics
Labor Compensation

Published From Paper

Does Inflation "Grease the Wheels of the Labor Market"?
- Working Paper
If nominal wages are downward rigid, moderate levels of inflation may improve labor market efficiency by facilitating...

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