Employment Distortions Under Sticky Wages and Monetary Policies to Minimize Them
讨论了粘性名义工资下，名义收入或价格水平目标政策相比产出或货币目标政策能带来更小的就业扭曲。
A discussion of sticky nominal wages, showing that nominal income or price-level targeting policies result in smaller distortions than do policies that target output or money.