Hager, L. (2015). Nominelle Starrheit von Preisen und Löhnen : eine Gegenüberstellung der zentralen Modellierungsvarianten [Diploma Thesis, Technische Universität Wien]. reposiTUm. https://doi.org/10.34726/hss.2015.33813
Die Arbeit widmet sich makroökonomischen Modellen unter Berücksichtigung so genannter nomineller Starrheit von Preisen und Löhnen. Die Modellansätze aus den Arbeiten von Stanley Fischer ["Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule", Journal of Political Economy 85/1 (1977) 191-205], John B. Taylor ["Staggered Wage Setting in a Macro Model", The American Economic Review 69/2 (1979) 108-113] und Guillermo A. Calvo ["Staggered Prices in a Utility-Maximizing Framework", Journal of Monetary Economics 12 (1983) 383-398] werden betrachtet und deren Modellannahmen vergleichend gegenübergestellt.
de
This thesis discusses macro-economic models under the inclusion of so called nominal rigidity of prices and wages. The approaches in the articles from Stanley Fischer ["Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule", Journal of Political Economy 85/1 (1977) 191-205], John B. Taylor ["Staggered Wage Setting in a Macro Model", The American Economic Review 69/2 (1979) 108-113] and Guillermo A. Calvo ["Staggered Prices in a Utility-Maximizing Framework", Journal of Monetary Economics 12 (1983) 383-398] are examined and their assumptions put in comparison.
en
Additional information:
Parallelt. [Übers. des Autors]: Nominal rigidities of prices and wages - A comparison of the most important modeling approaches