period. The workers' bargaining power in the hours negotiation affects both unemployment volatility and inflation persistence …We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated every … cost determination. This set-up produces realistic labor market statistics together with inflation persistence …

high-skill workers.In this paper we show that a model of employer taste-based discrimination in a labor market … workers. We use the model to undertake a structural decomposition and conclude that discrimination resulting from employer …

The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …

money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal … monetary growth rate decreases with the workers' bargaining power, the level of unemployment benefits and the payroll tax rate …

and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …

Detecting racial discrimination using observational data is challenging because of the presence of unobservables that … may be correlated with race. Using data made public in the SFFA v. Harvard case, we estimate discrimination in a setting …

mobility, while unemployment increases in the country with labor market rigidities, reducing welfare. We also find that taste …

The paper investigates the link between the over-exposure of African immigrants to unemployment in France and their …-specific preferences, economy-wide employer discrimination, and customer discrimination in jobs in contact with customers. The outcomes of … the model allow us to build a test of ethnic discrimination in general and customer discrimination in particular. We run …