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Monetary and labor policies under market frictions

Merkl, Christian - 2007

The thesis analyzes monetary and labor policies under different market frictions. In the first part several versions of a microfounded dynamic general equilibrium model with monopolistic competitors in the product and/or labor market are derived and simulated. First of all, the monetary...

Persistent link: https://www.econbiz.de/10010460022

The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics

Christoffel, Kai (contributor); Linzert, Tobias (contributor) - 2006

In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business …

Persistent link: https://www.econbiz.de/10003304975

Monetary and labor policies under market frictions

Merkl, Christian - 2007

Persistent link: https://www.econbiz.de/10003465747

The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics

Christoffel, Kai (contributor); Linzert, Tobias (contributor) - 2005

In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business … ; matching models ; labor market search ; inflation persistence ; real wage rigidity …