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~isPartOf:"CEPR Discussion Paper Series"
~person:"Barer, M.L."
~person:"Mellerowicz, Konrad"
~person:"Merkl, Christian"
~person:"Snower, Dennis J."
~subject:"Hysteresis"
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Monetary persistence and the labor market: A new perspective
Lechthaler, Wolfgang
;
Merkl, Christian
;
Snower, Dennis J.
-
2010
model; incorporating labor market frictions in the form of hiring and firing
costs
. We show that such a model is able to …
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