Christoffel, Kai Philipp; Costain, James S.; de Walque, … - 2009
In a search and matching environment, this paper assesses a range of modeling setups against macro evidence for the … vs. sticky wages, interactions at the firm level between price and wage-setting, alternative forms of hiring frictions …, search on-the-job and endogenous job separation. Models with wage stickiness and right-to-manage bargaining or with firm …