Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching … wages, the sticky wage model unconditionally does a better job at matching wages than the flexible wage model. -- Sticky …

nominal shocks? One possible propagation mechanism may arise from the fact that nominal price and wage decisions are not …. Models with staggered price or wage setting captures neatly the basic implications of non-synchronised decision making …

I propose a new search-and-matching model in which wage rigidity and volatile unemployment endogenously arise. The … responsive to productivity fluctuations by increasing procyclicality of the firm's outside option value in wage negotiations …

This paper presents evidence that real wage cyclicality can be a particularly heterogeneous parameter, depending on …

Built upon data from 11 subsequent waves of yearly wage surveys carried out by the National Labour Center in Hungary …

, the government faces recruitment problems. The optimal steady-state wage premium depends mainly on the labour market … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers …

, the government faces recruitment problems. The optimal steady-state wage premium depends mainly on the labour market … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers …