Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10003276071
Persistent link: https://www.econbiz.de/10003310813
Persistent link: https://www.econbiz.de/10003653339
Persistent link: https://www.econbiz.de/10002482835
Persistent link: https://www.econbiz.de/10001705416
Persistent link: https://www.econbiz.de/10001889088
Persistent link: https://www.econbiz.de/10013424017
Persistent link: https://www.econbiz.de/10013424471
Persistent link: https://www.econbiz.de/10013424648
We build a New Keynesian model of the business cycle with sticky prices and real wage rigidities motivated by efficiency wages of the gift exchange variety. Compared to a standard sticky price model, our Fair Wage model provides an explanation for structural unemployment and generates more...
Persistent link: https://www.econbiz.de/10014086568