TY - RPRT AU - Palacio Vera, Alfonso PY - 2008 SN - 2255-5471 UR - https://hdl.handle.net/20.500.14352/56661 AB - The literature that addresses the effects on the level of aggregate demand of changes in thedegree of monopoly typically assumes away the existence of an “inflation barrier” and an inflationtargeting central bank. The presence of these two... LA - eng A3 - Facultad de Ciencias Económicas y Empresariales. Decanato KW - Neutral interest rate KW - Degree of monopoly KW - Asymmetric inflation dynamics KW - Zero lower bound KW - Hysteresis KW - Reversibility. TI - Money wage rigidity, monopoly power and hysteresis TY - technical report VL - 2008 ER -