This paper documents the short run and long run behavior of the search and matching model with staggered Nash wage …. -- Sticky wages ; staggered Nash bargaining ; trend inflation ; unemployment ; search and matching …

growth and labor's share is puzzling. I argue otherwise. A search and matching model with infrequently bargained nominal … Nash bargaining ; inflation ; productivity ; search and matching ; labor share …

Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching … a series of estimated shocks from US data into a search and matching model with sticky prices and wages. I compare the … cycle volatility and matching the lack of a long-run relationship between vacancy creation and inflation. With regard to …

I propose a new search-and-matching model in which wage rigidity and volatile unemployment endogenously arise. The …

build on a partial equilibrium search and matching model and expand the model to a general equilibrium model with sticky … sticky price model outperforms the staggered wage model in terms of matching volatilities, while the combination of both … rigidities matches the data reasonably well. -- Search and Matching ; Staggered Wages ; Sticky Prices …

model with search-and-matching frictions, collective bargaining and monopolistic competition in the product market. Workers …

This paper documents the short run and long run behavior of the search and matching model with staggered Nash wage …

-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties … market. Additionally, endogenous matching sets fluctuate in response to shocks and amplify job-creation. Using a standard …, the firms' matching sets are wider in equilibrium than the workers' matching sets and fluctuate more in response to shocks. …

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …

This paper surveys the use of search and matching models in macroeconomics. It outlines the standard model, discusses …