This research lead to a paper published with PERSON@1 in NUMBER@1 , `` Stabilizing Powers of Monetary Policy under Rational Expectations '' -LRB- see Selected Publications -RRB- proving that staggered wage setting gives monetary policy a role in stabilizing economic fluctuations .

Professor PERSON@2 and PERSON@1 published research in NUMBER@1 , `` Stabilizing Powers of Monetary Policy under Rational Expectations '' -LRB- see Selected Publications -RRB- about how to calculate wages -LRB- `` Staggered Wages -RRB- .
