In this paper we incorporate a labor market with matching frictions and wage …

persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation … employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … ; matching models ; labor market search ; inflation persistence ; real wage rigidity …

This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the … and their interaction is crucial for the dynamics of inflation and unemployment. We estimate a panel VAR with … deterministically varying coefficients and find that there is a profound difference in the responses of unemployment and inflation to …

This paper reviews recent approaches to modeling the labour market, and assesses their implications for inflation … dynamics through both their effect on marginal cost and on price-setting behavior. In a search and matching environment, we … volatile inflation. Models with wage stickiness and right-to-manage bargaining or with firm-specific labour emerge as the most …

.ation dynamics through both their effect on marginal cost and on price-setting behaviour. In a search and matching environment, we … volatile inflation. Models with wage stickiness and right-to-manage bargaining or with firm-specific labour emerge as the most … promising candidates. -- Inflation Dynamics ; Labour Market ; Business Cycle ; Real Rigidities …

This paper reviews recent approaches to modeling the labour market, and assesses their implications for inflation … dynamics through both their effect on marginal cost and on price-setting behavior. In a search and matching environment, we … volatile inflation. Models with wage stickiness and right-to-manage bargaining or with firm-specific labour emerge as the most …

This paper reviews recent approaches to modeling the labour market and assesses their implications for inflation … dynamics through both their effect on marginal cost and on price-setting behavior. In a search and matching environment, we … volatile inflation. Models with wage stickiness and right-to-manage bargaining or with firm-specific labour emerge as the most …

This paper reviews recent approaches to modeling the labour market and assesses their implications for inflation … dynamics through both their effect on marginal cost and on price-setting behaviour. In a search and matching environment, we … volatile inflation. Models with wage stickiness and right-to-manage bargaining or with firm-specific labour emerge as the most …

persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation … employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to …In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business …

persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation … employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to …In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business …