Friday, February 19, 2010

Como podria devaluar Grecia sin hacerlo realmente

La idea de Laurence Kotlikoff,
"There is, indeed. The government can implement wage and price controls for, say, the next three months, with these controls covering not just the growth in wages and prices over the next three months, but also their initial levels. Specifically, the Greek government would decree that all firms must lower their nominal wages and prices by 30 per cent, effective immediately, and not change them for three months. After three months, everyone would be free to put prices and wages back up."
Tyler Cowen dice que no va a funcionar. Creo que tiene razon.

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