Ostrup, Finn. 　著

内容

目次

Part I. Introduction and Main Assumptions: 1. Introduction; 2. The wageformation process; 3. The literature; Part II. The Impact of Monetary Policyand Inflation: 4. Imperfect integration of securities markets; 5.Monopolistic competition in bank markets; 6. Utility from securitiesholdings; 7. Hysteresis effects from monetary policy; 8. The impact ofinflation on bank earnings; Part III. The Impact of Monetary Regimes: 9.Centralised wage formation; 10. Fiscal policy; 11. Price stability goal; 12.Uncertainty concerning policy formation; 13. Policy uncertainty in afixed-but-adjustable exchange rate regime; 14. The impact of uncertainty onwage-setting; Part IV. Policy Implications: 15. Policy implications ofmonetary non-neutrality; 16. A microeconomic foundation.