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spelling oai:RI-BanRep:20.500.12134-52162019-04-16T16:10:20Z Wage indexation, inflation inertia, and the cost of disinflation Gómez-Pineda, Javier G. J30 - Wages, Compensation, and Labor Costs: General E1 - General Aggregative Models E17 - General Aggregative Models: Forecasting and Simulation: Models and Application E52 - Monetary Policy E27 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: Forecasting and Simulation: Models and Application Wage indexation Inflation inertia Cost of disinflation Salarios -- Colombia Desinflación -- Colombia Indización (Economía) -- Colombia Inflación -- Costos -- Colombia E27 - Consumo, ahorro, producción, inversión e economía informal: Predicción y simulación; Modelos y aplicación J30 - Salarios, remuneraciones y costes laborales: Generalidades E1 - Modelos agregados generales E17 - Modelos agregados generales: Predicción y simulación; Modelos y aplicación E52 - Política monetaria 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 2002-02-16 2002-02-16 Working Paper Documentos de trabajo Published Version http://repositorio.banrep.gov.co/handle/20.500.12134/5216 http://hdl.handle.net/20.500.12134/5216 spa Documentos de Trabajo Borradores de Economía Borradores de Economía; No. 198 https://ideas.repec.org/p/bdr/borrec/198.html https://ideas.repec.org/p/col/000094/003770.html Open Access https://creativecommons.org/licenses/by-nc-sa/4.0/ Acceso abierto Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 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. PDF application/pdf image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Bogotá Banco de la República
institution Repositorio Institucional del Banco de la República de Colombia
collection DSpace
language Español (Spanish)
topic J30 - Wages, Compensation, and Labor Costs: General
E1 - General Aggregative Models
E17 - General Aggregative Models: Forecasting and Simulation: Models and Application
E52 - Monetary Policy
E27 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: Forecasting and Simulation: Models and Application
Wage indexation
Inflation inertia
Cost of disinflation
Salarios -- Colombia
Desinflación -- Colombia
Indización (Economía) -- Colombia
Inflación -- Costos -- Colombia
E27 - Consumo, ahorro, producción, inversión e economía informal: Predicción y simulación; Modelos y aplicación
J30 - Salarios, remuneraciones y costes laborales: Generalidades
E1 - Modelos agregados generales
E17 - Modelos agregados generales: Predicción y simulación; Modelos y aplicación
E52 - Política monetaria
spellingShingle J30 - Wages, Compensation, and Labor Costs: General
E1 - General Aggregative Models
E17 - General Aggregative Models: Forecasting and Simulation: Models and Application
E52 - Monetary Policy
E27 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: Forecasting and Simulation: Models and Application
Wage indexation
Inflation inertia
Cost of disinflation
Salarios -- Colombia
Desinflación -- Colombia
Indización (Economía) -- Colombia
Inflación -- Costos -- Colombia
E27 - Consumo, ahorro, producción, inversión e economía informal: Predicción y simulación; Modelos y aplicación
J30 - Salarios, remuneraciones y costes laborales: Generalidades
E1 - Modelos agregados generales
E17 - Modelos agregados generales: Predicción y simulación; Modelos y aplicación
E52 - Política monetaria
Gómez-Pineda, Javier G.
Wage indexation, inflation inertia, and the cost of disinflation
description 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
format Documento de trabajo (Working Paper)
author Gómez-Pineda, Javier G.
author_facet Gómez-Pineda, Javier G.
author_sort Gómez-Pineda, Javier G.
title Wage indexation, inflation inertia, and the cost of disinflation
title_short Wage indexation, inflation inertia, and the cost of disinflation
title_full Wage indexation, inflation inertia, and the cost of disinflation
title_fullStr Wage indexation, inflation inertia, and the cost of disinflation
title_full_unstemmed Wage indexation, inflation inertia, and the cost of disinflation
title_sort wage indexation, inflation inertia, and the cost of disinflation
publisher Banco de la República
publishDate 2002
url http://repositorio.banrep.gov.co/handle/20.500.12134/5216
_version_ 1637302088650194944
score 10,764886