We analyze, in this paper, a DSGE New Keynesian model with indi- visible labor where firms may belong to two different final goods producing sectors one where wages and employment are determined in competitive labor markets and the orther where wages and employment are the result of a contractual process between unions and firms. Bargaining between firms and monopoly unions implies real wage ...
| Year of publication: |
2008-01
|
|---|---|
| Authors: | Rossi, Lorenza ; Mattesini, Fabrizio |
| Institutions: | Dipartimenti e Istituti di Scienze Economiche, Università Cattolica del Sacro Cuore |
| Subject: | monetary policy |
| Extent: | application/pdf |
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| Series: | |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Number ief0077 nn pages 38 |
| Classification: | E24 - Employment; Unemployment; Wages ; E32 - Business Fluctuations; Cycles ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; J51 - Trade Unions: Objectives Structure, and Effects |
| Source: |
Persistent link: https://www.econbiz.de/10008587701