Nominal Labor Contracts, Aggregate Risk and Taxes Public Deposited

Creator Series Issue number
  • 177
Date Created
  • 1981-08
Description
  • "Nominal labor contracts replicate net of tax real contracts contingent on aggregate risk in the model presented. Perhaps this is a model of money." (title page note)

Subject (JEL) Keyword Date Modified
  • 07/11/2019
Corporate Author
  • Federal Reserve Bank of Minneapolis. Research Department
Publisher
  • Federal Reserve Bank of Minneapolis
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