Krause, Michael (contributor); Lubik, Thomas A. (contributor) - 2003 - [Elektronische Ressource]
The (Ir)relevance of Real Wage Rigidity in the New Keynesian
Model with Search Frictions
∗
Michael U. Krause
Department … 21, 2003
Abstract
We explore the role of real wage dynamics in a New Keynesian business cycle model
with search and … Matching,
New Keynesian Model, Beveridge Curve
∗
This is a revision of a previous version entitled “Real wage dynamics in a …