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In the United States, labor's share of income falls after a positive disturbance to productivity growth or inflation … Nash bargaining ; inflation ; productivity ; search and matching ; labor share …
Persistent link: https://www.econbiz.de/10009299014
Persistent link: https://www.econbiz.de/10000682994
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10003887183
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10003872021
cycle volatility and matching the lack of a long-run relationship between vacancy creation and inflation. With regard to … wages ; sticky prices ; staggered Nash bargaining ; inflation ; new hires ; search and matching ; business cycles …
Persistent link: https://www.econbiz.de/10008905754
This paper investigates the role of staggered wages and sticky prices in explaining stylized labor market facts. We build on a partial equilibrium search and matching model and expand the model to a general equilibrium model with sticky prices and/or staggered wages. We show that the core model...
Persistent link: https://www.econbiz.de/10003948565
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10003875323
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10011452156
In the last decades, the OECD labor markets faced important labor supply changes with the arrival of women and the cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these supply trends imply more inexperienced workers. It then...
Persistent link: https://www.econbiz.de/10011410676
Persistent link: https://www.econbiz.de/10003177267