Title: Wage indexation and the exchange rate regime: A strategic analysis
Authors: De Bruyne, Guido # ×
Issue Date: 1997
Publisher: Louisiana state univ pr
Series Title: Journal of macroeconomics vol:19 issue:3 pages:571-589
Abstract: The output and inflation effects of various kinds of shocks depend to a large extent oil the degree of wage indexation and on the degree of foreign exchange market intervention. In this paper we focus on the strategic interactions which arise if the degree of wage indexation belongs to the strategy space of a large trade union. The foreign exchange market intervention rule and the indexation parameter are then the outcome of a game between the government and the trade union.
ISSN: 0164-0704
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center of Public Economics, Leuven
× corresponding author
# (joint) last author

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