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Essays on labor market rigidities, inflation persistence and monetary policy uncertainty

Rabanal, Pau - 2002

Persistent link: https://www.econbiz.de/10003777065

Labour markets and firm-specific capital in New Keynesian general equilibrium models

Nolan, Charles; Thoenissen, Christoph - In: Journal of macroeconomics 30 (2008) 3, pp. 817-843

Persistent link: https://www.econbiz.de/10003781803

Monetary persistence, imperfect competition and staggering complementarities

Merkl, Christian; Snower, Dennis J. - 2006

Persistent link: https://www.econbiz.de/10003330114

The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics

Christoffel, Kai (contributor); Linzert, Tobias (contributor) - 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/10003304975

Monetary policy, efficiency wages, and nominal wage rigidities

Carter, Thomas J. - In: Eastern economic journal 31 (2005) 3, pp. 349-359

Persistent link: https://www.econbiz.de/10003310517

Identifying the role of labor markets for monetary policy in an estimated DSGE model

Christoffel, Kai (contributor); Küster, Keith (contributor) - 2006

We focus on a quantitative assessment of rigid labor markets in an environment of stable monetary policy. We ask how wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we structurally model matching frictions and rigid wages...