Wage indexation, inflation inertia, and the cost of disinflation
dc.creator | Gómez-Pineda, Javier G. |
dc.date.created | 2002-02-16 |
dc.date.issued | 2002-02-16 |
dc.identifier.uri | https://repositorio.banrep.gov.co/handle/20.500.12134/5216 |
dc.description.abstract | Wage increases based on past inflation increase inflation inertia and hence increase the cost of disinflation. Higher central bank credibility and a higher frequency of wage negotiations correspond to lower inflation inertia and a lower cost of disinflati |
dc.format.mimetype | |
dc.language.iso | spa |
dc.publisher | Banco de la República |
dc.relation.ispartof | Documentos de Trabajo |
dc.relation.ispartofseries | Borradores de Economía |
dc.relation.isversionof | Borradores de Economía; No. 198 |
dc.rights.accessRights | Open Access |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-sa/4.0/ |
dc.title | Wage indexation, inflation inertia, and the cost of disinflation |
dc.type | Working Paper |
dc.subject.jel | E52 - Monetary Policy |
dc.subject.jel | E1 - General Aggregative Models |
dc.subject.jel | E17 - General Aggregative Models: Forecasting and Simulation: Models and Application |
dc.subject.jel | E27 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: Forecasting and Simulation: Models and Application |
dc.subject.jel | J30 - Wages, Compensation, and Labor Costs: General |
dc.subject.keyword | Wage indexation |
dc.subject.keyword | Inflation inertia |
dc.subject.keyword | Cost of disinflation |
dc.subject.lemb | Salarios -- Colombia |
dc.subject.lemb | Desinflación -- Colombia |
dc.subject.lemb | Indización (Economía) -- Colombia |
dc.subject.lemb | Inflación -- Costos -- Colombia |
dc.type.spa | Documentos de trabajo |
dc.rights.spa | Acceso abierto |
dc.rights.cc | Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 |
dc.subject.jelspa | E27 - Consumo, ahorro, producción, inversión e economía informal: Predicción y simulación; Modelos y aplicación |
dc.subject.jelspa | E1 - Modelos agregados generales |
dc.subject.jelspa | E17 - Modelos agregados generales: Predicción y simulación; Modelos y aplicación |
dc.subject.jelspa | J30 - Salarios, remuneraciones y costes laborales: Generalidades |
dc.subject.jelspa | E52 - Política monetaria |
dc.type.hasversion | Published Version |
dc.coverage.sucursal | Bogotá |
dc.relation.doi | https://doi.org/10.32468/be.198 |
dc.rights.disclaimer | Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva. |
dc.relation.repec | https://ideas.repec.org/p/bdr/borrec/198.html |
dc.relation.dotec | https://ideas.repec.org/p/col/000094/003770.html |
dc.identifier.handle | https://hdl.handle.net/20.500.12134/5216 |
dc.creator.firma | Javier G. Gómez-Pineda |
dc.source.handleRepec | RePEc:col:000094:003770 |
dc.source.handleRepec | RePEc:bdr:borrec:198 |
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