The Nonneutrality of Monetary Policy with Large Price or Wage Setters

By D. Soskice, Torben Iversen. 2000

290 citations recorded by the source corpus.

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In Economics and Econometrics

Citations in the corpus

German economic performance: disentangling the role of supply-side reforms, macroeconomic policy and coordinated economy institutions (2008, background): “…therefore removing this possibility, the government sharpens the incentives for wage moderation.11 11Analogous results hold for monetary policy; see Soskice and Iversen (2000). at H um boldt-U niversitaet zu B erlin on O ctober 10, 2011 ser.oxfordjournals.org D ow nloaded from This analysis…”
Multiple Wage Bargaining Systems in the Single European Currency Area (2001, methodology): “In related work, Iversen (1998) and Soskice and Iversen (1998) argue that independent central banks that adhere to a non-accommodating monetary rule can induce real wage restraint and lower unemployment when bargaining is coordinated or relatively centralized.”
Central Bank Independence and Monetary Policymaking Institutions - Past Present and Future (2008, background): “27 On the other hand, work by Soskice and Iversen (1998, 2000) which abstracts from unions' in ﬂ ation aversion and postulates that the monetary authority controls the money supply concludes that less accommodating central banks moderate unions' wage demands by raising the fear of unemployment…”
Monetary Institutions, Monopolistic Competition, Unionized Labor Markets and Economic Performance (2006, unknown): “Such a possibility is excluded by assumption in Soskice and Iversen (1998, 2000) and Bratsiotis and Martin (1999) since their frameworks abstract from the possibility of inflation aversion on the part of unions.”
Wages and Wage-Bargaining Institutions in the EMU – A Survey of the Issues (2001, unknown): “According to the second approach, unions set wages by trading off real wages against unemployment, but without caring about inflation per se (Soskice and Iversen, 1998, 2000; Corricelli et al., 2000).”
Varieties of capitalism in light of the euro crisis (2018, background): “Moreover, where the central bank faces a set of wage bargainers co-ordinated enough to internalize the effects of macroeconomic policy, it can effectively deter wage increases with threats to tighten monetary policy (Hall and Franzese 1998; Soskice and Iversen 2000).”
Central Bank Independence: An Update of Theory and Evidence (2001, background): “Yet another moderating effect of central bank conservativeness is discussed by Soskice and Iversen (1999) and Coricelli, Cukierman and Dalmazzo (1999).”
Selected Works of Michael Wallerstein: UNIONS IN DECLINE? WHAT HAS CHANGED AND WHY (2000, background): “Hall (1994), Hall & Franzese (1998), Iversen (1998), and Soskice & Iversen (2000) argue that what matters is the interaction of the A nn u.”