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Imperfectively Competitive Labor Markets and the Productivity Puzzle
Andersen, Torben M.; Toulemonde, Eric - 1999
Standard models of imperfectly competitive labor market predict that real wages are unaffected by productivity. This is in conflict with empirical evidence. We integrate imperfectly competitive labor markets in a fully specified dynamic macromodel. While temporary shocks are consistent with the...
Persistent link: https://www.econbiz.de/10014195385
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Price adjustment in open economies
Andersen, Torben M.; Hansen, Niels Lynggård - 1994
Persistent link: https://www.econbiz.de/10000884895
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Price and quantity adjustment in the presence of adjustment costs
Andersen, Torben M. - 1994
Persistent link: https://www.econbiz.de/10000884896
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Information acquisition and nominal price adjustment
Andersen, Torben M. - 1994
Persistent link: https://www.econbiz.de/10000888759
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Price rigidity : causes and macroeconomic implications
Andersen, Torben M. - 1994
Persistent link: https://www.econbiz.de/10000892738
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Unemployment and fiscal policy in an economic and monetary union
Andersen, Torben M.; Rose Sørensen, Jan - 1993
Persistent link: https://www.econbiz.de/10000855685
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Nominal inertia in a dynamic model of product and labour market interactions
Andersen, Torben M.; Christensen, Michael - 1991
Persistent link: https://www.econbiz.de/10000828045
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Price and wage interactions in an open economy
Andersen, Torben M. - 1991
Persistent link: https://www.econbiz.de/10000828046
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Aggregate demand, multipliers and coordination failures
Andersen, Torben M. - 1992
Persistent link: https://www.econbiz.de/10000840084
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Working hours, wages, employment and efficiency effects in collective bargaining
Andersen, Torben M.; Schmidt-Sørensen, Jan B. - 1988
Persistent link: https://www.econbiz.de/10000747404