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Nominal and real wage rigidities : in theory and in Europe
Knell, Markus - 2010
In this paper I study the relation between real wage rigidity (RWR) and nominal price and wage rigidity. I show that in a standard DSGE model RWR is mainly affected by the interaction of the two nominal rigidities and not by other structural parameters. The degree of RWR is, however,...
Persistent link: https://www.econbiz.de/10003972703
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Nominal and real wage rigidities : in theory and in Europe
Knell, Markus - 2010
Persistent link: https://www.econbiz.de/10008650731
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Nominal and Real Wage Rigidities - In Theory and in Europe
Knell, Markus - 2010
In this paper I study the relation between real wage rigidity (RWR) and nominal price and wage rigidity. I show that in a standard DSGE model RWR is mainly affected by the interaction of the two nominal rigidities and not by other structural parameters. The degree of RWR is, however,...
Persistent link: https://www.econbiz.de/10013144860
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New Keynesian economics, nominal rigidities and involuntary unemployment
Dixon, Huw - In: The journal of economic methodology 6 (1999) 2, pp. 221-238
Persistent link: https://www.econbiz.de/10001428757
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Keynes, involuntary unemployment and wage and price inflexibility
McCombie, John S. L. - In: John Maynard Keynes : Keynesianism into the …, (pp. 141-151). 1998
Persistent link: https://www.econbiz.de/10001303661
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Market imperfections, unemployment equilibria and nominal rigidities
Boitani, Andrea; Damiani, Mirella - In: Financial constraints and markets failures : the …, (pp. 185-206). 1999
Persistent link: https://www.econbiz.de/10001555124
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A post-Walrasian explanation of wage and price inflexibility and a Keynesian unemployment equilibrium system
Colander, David C. - In: Growth, employment and inflation : essays in honour of …, (pp. 211-225). 1999
Persistent link: https://www.econbiz.de/10001477383
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Nominal wage contracts and the persistent effects of monetary policy
Gottfries, Nils - In: European economic review : EER 42 (1998) 2, pp. 207-223
Persistent link: https://www.econbiz.de/10001241368
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25 years of excess unemployment in advanced economies : lessons for monetary policy
Gagnon, Joseph E.; Sarsenbayev, Madi - 2022
Persistent link: https://www.econbiz.de/10013455902
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Nominal wage-price rigidity as a rational expectations equilibrium
Azariadis, Costas; Cooper, Russell - In: The American economic review 75 (1985) 2, pp. 31-35
Persistent link: https://www.econbiz.de/10001848526