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Optimal Central Bank Conservatism and Monopoly Trade Unions

Optimal Central Bank Conservatism and Monopoly Trade Unions »

Volume/Issue: 2002/44

Series: IMF Working Papers

Author(s): Carsten Hefeker , Helge Berger , and Ronnie Schlöb

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2002

DOI: http://dx.doi.org/10.5089/9781451846423.001

ISBN: 9781451846423

Keywords: Central bank, conservative central banker, trade union, inflation, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Labor-Management Relations, Trade Unions, and Collective Bargaining: General

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 un...

Optimal Central Bank Conservatism and Monopoly Trade Unions

Optimal Central Bank Conservatism and Monopoly Trade Unions »

Source: Optimal Central Bank Conservatism and Monopoly Trade Unions

Volume/Issue: 2002/44

Series: IMF Working Papers

Author(s): Carsten Hefeker , Helge Berger , and Ronnie Schlöb

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2002

ISBN: 9781451846423

Keywords: Central bank, conservative central banker, trade union, inflation, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Labor-Management Relations, Trade Unions, and Collective Bargaining: General

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 un...