the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany … Abwärtsnominallohnstarrheit vom inflationären Umfeld selbst abhängt und in Phasen mit niedriger Inflation sinkt. -- nominal wage rigidity …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This …

wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we … structurally model matching frictions and rigid wages in line with an optimizing rationale in a New Keynesian closed economy DSGE …

wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we … structurally model matching frictions and rigid wages in line with an optimizing rationale in a New Keynesian closed economy DSGE …

wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we … structurally model matching frictions and rigid wages in line with an optimizing rationale in a New Keynesian closed economy DSGE …

wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we … structurally model matching frictions and rigid wages in line with an optimizing rationale in a New Keynesian closed economy DSGE …