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Author
Czarnota Kacper
Title
Wpływ szoków nominalnych na zatrudnienie
The Impact of Nominal Shocks on Employment
Source
Debiuty Ekonomiczne, 2013, nr 13, s. 56-72, rys., tab., bibliogr. 39 poz.
Issue title
Państwo, przedsiębiorstwo, konsument : aspekty mikro- i makroekonomiczne
Keyword
Zatrudnienie, Stopa procentowa, Polityka pieniężna, Rynek pracy
Employment, Interest rate, Monetary policy, Labour market
Note
streszcz., summ.
Abstract
Zdecydowana większość współczesnych badań dowodzi, że stabilizowanie rynku pracy jest możliwe, gdy w gospodarce występują sztywności nominalne cen oraz płac. W prezentowanym opracowaniu wskazano, że jest to też możliwe, gdy na rynku panuje doskonała elastyczność. Głównym czynnikiem jest tutaj występowanie międzyokresowej substytucji konsumpcji, która powoduje, że nawet transparentna polityka pieniężna w przypadku doskonałych elastyczności oraz racjonalnych oczekiwań może wpływać na wielkości realne. (abstrakt oryginalny)

Stabilization of the labor market is possible not only with rigidities of nominal prices and wages, but also when the market is perfectly elastic. The main factor here is the presence of inter-temporal substitution of consumption, which is responsible for the fact that even transparent monetary policy, in the case of perfect elasticity and rational expectations, can affect real variables. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Main Library of Poznań University of Economics and Business
Bibliography
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ISSN
1730-2145
Language
pol
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