• Wage setting actors, sticky wages, and optimal monetary policy 

      Casares Polo, Miguel Upna (2007)   Documento de trabajo / Lan gaiak  OpenAccess
      Following Erceg et al. (2000), sticky wages are generally modelled assuming that households set wage contracts à la Calvo (1983). This paper compares that sticky-wage model with one where wage contracts are set by firms, ...