Series: IMF Working Papers
Author(s): Esteban Jadresic
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 1998
Keywords: Indexation, wages, exchange rate regimes, wage, wage indexation, exchange rate, exchange rate regime
This paper reexamines the macroeconomic effects of wage indexation in an open economy under alternative exchange rate regimes. The main finding is that, once the lags in actual indexation rules are considered, wage...