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The interaction of monetary policy and wages

Thorvaldur Gylfason; Lindbeck, Assar - 1991

Persistent link: https://www.econbiz.de/10000128524

Staggered Wage Setting Without Money Illusion : Variations on a Theme of Taylor

Buiter, Willem H.; Jewitt, Ian - 2021

's assumption that wage bargainers are influenced by relative money wages rather than relative real wages. In Taylor's model money … that wage bargainers are influenced by relative real wages, which we consider somewhat more plausible, has some interesting …

Persistent link: https://www.econbiz.de/10013221541

Monetary policy under uncertainty in an estimated model with labour market frictions

Sala, Luca; Söderström, Ulf; Trigari, Antonella - 2008

Persistent link: https://www.econbiz.de/10003717365

Fiscal policy, labour unions and monetary institutions : their long run impact on unemployment, inflation and welfare

Cukierman, Alex; Dalmazzo, Alberto - 2007

Persistent link: https://www.econbiz.de/10003530355

Managing currency pegs

Schmitt-Grohé, Stephanie; Uribe, Martín - 2012

Persistent link: https://www.econbiz.de/10009559681

Animal Spirits, Persistent Unemployment and the Belief Function

Farmer, Roger E. A. - 2010

This paper presents a theory of the monetary transmission mechanism in a monetary version of Farmer's (2009) model in … which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …

Persistent link: https://www.econbiz.de/10013136024

Managing Currency Pegs

Schmitt-Grohé, Stephanie; Uribe, Martín - 2021

rigidity makes the economy prone to involuntary unemployment during external crises. This paper presents a graphical analysis …

Persistent link: https://www.econbiz.de/10013224397

The Phillips Curve is Back? Using Panel Data to Analyze the Relationship between Unemployment and Inflation in an Open Economy

DiNardo, John E.; Moore, Mark - 2022

Expanding on an approach suggested by Ashenfelter (1984), we extend the Phillips curve to an open economy and exploit panel data to estimate the textbook 'expectations augmented' Phillips curve with a market-based and observable measure of inflation expectations. We develop this measure using...

Persistent link: https://www.econbiz.de/10013292577

Monetary Policy and Unemployment

Galí, Jordi - 2010

model labor market frictions and unemployment explicitly. The present paper describes some of the essential ingredients and …

Persistent link: https://www.econbiz.de/10013145236

Slow recoveries and unemployment traps : monetary policy in a time of hysteresis

Acharya, Sushant; Bengui, Julien; Dogra, Keshav; Wee, … - 2018

Persistent link: https://www.econbiz.de/10012113040

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