Riggi, Marianna - Dipartimento di Economia e Diritto, Facoltà di Economia - 2007
this literature in order to highlight the role played by wage rigidities in the explanation of fluctuations caused by … technology shocks. To this aim, I present a DSGE model with sticky prices, nominal wage rigidities, and hiring costs. The … wage and real wage rigidities drive the economy’s dynamics. My conclusion is that models incorporating nominal wage …