Vasilev, Aleksandar - In: Journal of Economics and Econometrics 64 (2021) 2, pp. 1-23
In this paper we combine two important ingredients - search and matching frictions and "fair wages," and investigate …-business-cycle model for Bulgaria after the introduction of the currency board, when featuring both search- and-matching frictions, and … (Vasilev 2016a), and setups with efficiency wages alone (Vasilev 2017a,b). The search and matching mechanism captures the …