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The effect of heterogeneuous wage contracts on macroeconomic volatility in a financially fragile economy

Kim, Jongheuk - In: East Asian economic review 21 (2017) 2, pp. 167-197

I build a small open economy (SOE) dynamic stochastic general equilibrium (DSGE) model to investigate the effect of a heterogeneous wage contract between regular and temporary workers on a macroeconomic volatility in a financially fragile economy. The imperfect financial market condition is...

Persistent link: https://www.econbiz.de/10011765066