Publication Date: 1985
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Publication Date: 1985
(CSV)
  • Funder (6)
  • Project (46)
  • Publication Date (1)
  • Access Mode (5)
  • Type (16)
  • Language (41)
  • Community (1)
  • Content Provider (100+)
  • Supply Shocks, Wage Stickiness, and Accommodation.

    Article, Preprint OPEN
    Fischer, Stanley; (1985)
    The main issue discussed in the supply shock literature that followed the oil and food price shocks of the seventies was whether to accommodate. The supply shock reduces the equilibrium level of output, and monetary policy can not affect that. But in the seventies suppl...
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