@techreport{oai:ir.ide.go.jp:00038025,
 author = {Kodama, Masahiro},
 month = {Mar},
 note = {application/pdf, IDP000142_001, Using a Dynamic General Equilibrium (DGE) model, this study examines the effects of monetary policy in economies where minimum wages are bound. The findings show that the monetary-policy effect on a binding-minimum-wage economy is relatively small and quite persistent. This result suggests that these two characteristics of monetary policy in the minimum-wage model are rather different from those in the union-negotiation model which is often assumed to account for industrial economies.},
 title = {Monetary Policy Effects in Developing Countries with Minimum Wages},
 year = {2008}
}