Nominal Wage Stickiness and Aggregate Supply in the Great Depression
- 1 August 1996
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 111 (3) , 853-883
- https://doi.org/10.2307/2946674
Abstract
Building on earlier work by Eichengreen and Sachs, we use data for 22 countries to study the role of wage stickiness in propagating the Great DepressKeywords
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