Showing 1 - 10 of 301
Persistent link: https://www.econbiz.de/10003680638
Persistent link: https://www.econbiz.de/10003387026
Persistent link: https://www.econbiz.de/10011783495
Persistent link: https://www.econbiz.de/10001632863
"We construct a utility-based model of fluctuations, with nominal rigidities and unemployment, and draw its implications for the unemployment-inflation tradeoff and for the conduct of monetary policy.We proceed in two steps. We first leave nominal rigidities aside. We show that, under a standard...
Persistent link: https://www.econbiz.de/10003689922
Persistent link: https://www.econbiz.de/10001736615
Persistent link: https://www.econbiz.de/10012240642
Persistent link: https://www.econbiz.de/10003716071
"In this paper we develop a multi-sector general equilibrium model of firm heterogeneity, worker heterogeneity and labor market frictions. We characterize the distributions of employment, unemployment, wages and income within and between sectors as a function of structural parameters. We find...
Persistent link: https://www.econbiz.de/10003732278
Persistent link: https://www.econbiz.de/10003732291