Katalog GES

Optimal Central Bank Conservatism and Monopoly Trade Unions

The "conservative central banker" has come under attack recently. On the basis of models in which there is explicit interaction between trade union behavior and monetary policy, it has been argued that if 'trade unions' are averse to inflation, welfare will be lower with a conservative than with... Full description

1st Person: Hefeker, Carsten
Additional Persons: Berger, Helge; Schlöb, Ronnie
Type of Publication: Book
Published: Washington, D.C. International Monetary Fund 2002, 2002
Series: IMF Working Papers; Working Paper
Keywords: Inflation
Central Bank
Central Banking
Conservative Central Banker
Monetary Policy
Labor-Management Relations
Online: Volltext
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