Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching … a series of estimated shocks from US data into a search and matching model with sticky prices and wages. I compare the … implications of how the sticky wages enter into the hiring decision, and there seems to be a tradeoff between generating business …

This paper documents the short run and long run behavior of the search and matching model with staggered Nash wage … bargaining. It turns out that there is a strong tradeoff inherent in assuming that previously bargained sticky wages apply to new … hires. If sticky wages apply to new hires, then the staggered Nash bargaining model can generate realistic volatility in …

I evaluate the degree to which different wage-setting mechanisms in labor market search models can fit the aggregate … facts on labor’s share. I find that staggered bargaining in nominal wages best allows the model to plausibly match the …

proximate causes have been reversed (e.g., after wages in the high-unemployment regions have fallen relative to those in the low … negotiations due to a drop in the replacement rate or firing costs, leading to a fall in wages, (ii) hiring subsidies, and (iii …