1 Department of Economics, Rutgers University, New Brunswick, NJ 08901, and National Bureau of Economic Research. · 2 Board of Governors of the Federal Reserve System, Washington, DC 20551. · 3 Federal Reserve Bank of Chicago, Chicago, IL 60690.
Abstract
Money, Sticky Wages, and the Great Depression by Michael D. Bordo, Christopher J. Erceg and Charles L. Evans. Published in volume 90, issue 5, pages 1447-1463 of American Economic Review, December 2000