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Sequential bargaining in a New Keynesian model with frictional unemployment and staggered wage negotiation
De Walque, Gregory; Pierrard, Olivier; Sneessens, Henri R. - 2009
We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated for each period. The workers' bargaining power in the working time negotiations affects both unemployment volatility and inflation persistence. The closer to zero this parameter, (i)...
Persistent link: https://www.econbiz.de/10011599072
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Nominal wage rigidities in a new Keynesian model with frictional unemployment
Bodart, Vincent; De Walque, Gregory; Pierrard, Olivier; … - 2006
productivity shocks and second, in a fully specified monetary DSGE model with various real and nominal rigidities and multiple …
Persistent link: https://www.econbiz.de/10011622322
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Sequential bargaining in a new-Keynesian model with frictional unemployment and staggered wage negotiation
De Walque, Gregory; Pierrard, Olivier; Sneessens, Henri R. - 2009
the new entrants wage rigidity required to match observed unemployment volatility. -- DSGE ; Search and Matching ; Nominal …
Persistent link: https://www.econbiz.de/10003831761
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Sequential bargaining in a new-Keynesian model with frictional unemployment and staggered wage negotiation
De Walque, Gregory; Pierrard, Olivier; Sneessens, Henri; … - 2009
the new entrants wage rigidity required to match observed unemployment volatility. -- DSGE ; search and matching ; nominal …
Persistent link: https://www.econbiz.de/10003824877
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Sequential bargaining in a New Keynesian model with frictional unemployment and staggered wage negotiation
De Walque, Gregory; Pierrard, Olivier; Sneessens, Henri R. - 2009
Persistent link: https://www.econbiz.de/10003809217
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Sequential Bargaining in a New Keynesian Model with Frictional Unemployment and Staggered Wage Negotiation
de Walque, Gregory - 2010
We consider a model with frictional unemployment and staggered wage bargaining where hours worked are negotiated for each period. The workers' bargaining power in the working time negotiations affects both unemployment volatility and inflation persistence. The closer to zero this parameter, (i)...
Persistent link: https://www.econbiz.de/10013137698
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Nominal wage rigidities in a new Keynesian model with frictional unemployment
Bodart, Vincent; De Walque, Gregory; Pierrard, Olivier; … - 2006
Persistent link: https://www.econbiz.de/10003384217
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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 cycle model. In particular, we analyze the effect of a monetary policy shock and investigate how labor market frictions affect the transmission process of monetary policy. The...
Persistent link: https://www.econbiz.de/10003227218
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The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics
Christoffel, Kai Philipp - 2006
In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business cycle model. In particular, we analyze the effect of a monetary policy shock and investigate how labor market frictions affect the transmission process of monetary policy. The...
Persistent link: https://www.econbiz.de/10012783591
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The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics
Christoffel, Kai Philipp - 2016
Persistent link: https://www.econbiz.de/10012991192