Arbeitspapier
Nominal wage rigidities in a new Keynesian model with frictional unemployment
In this paper, we propose a search and matching model with nominal stickiness à la Calvo in the wage bargaining. We analyze the properties of the model, first, in the context of a typical real business cycle model driven by stochastic productivity shocks and second, in a fully specified monetary DSGE model with various real and nominal rigidities and multiple shocks. The model generates realistic statistics for the important labor market variables.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 2528
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bodart, Vincent
De Walque, Gregory
Pierrard, Olivier
Sneessens, Henri R.
Wouters, Raf
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2006
- Handle
- URN
-
urn:nbn:de:101:1-20080429121
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bodart, Vincent
- De Walque, Gregory
- Pierrard, Olivier
- Sneessens, Henri R.
- Wouters, Raf
- Institute for the Study of Labor (IZA)
Entstanden
- 2006
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