17 Flinn () estimates the bargaining power parameter to be in this range. .. baseline model with staggered wage contracting (Gertler-Trigari). While. Mark Gertler & Antonella Trigari, “Unemployment fluctuations with staggered Nash wage bargaining,” Proceedings, Federal Reserve Bank of San. Mark Gertler & Antonella Trigari, “Unemployment Fluctuations with Staggered Nash Wage Bargaining,” Journal of Political Economy, University of Chicago.
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Access to full text is restricted to subscribers. There, details are also given on how to add or correct references and trigarii. As the access to this document is restricted, you may want to look for a different version below or search for a different version of it. Survey evidence on internal versus external factors ,” Labour EconomicsElsevier, vol.
Unemployment Fluctuations with Staggered Nash Wage Bargaining
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Note that if the versions have a very similar title and are in the author’s profile, the links will usually be created automatically. What emerges is a tractable trkgari for wage dynamics that is a natural generalization of the period-by-period Nash bargaining outcome in the conventional formulation. You gettler help correct errors and omissions. Corrections All material on this site has been provided by the respective publishers and authors.
A number of authors have argued that the conventional model of unemployment gertldr due to Mortensen and Pissarides has difficulty accounting for the relatively volatile behavior of labor market activity over the business cycle. RePEc uses bibliographic data supplied by the respective publishers. More information Research fields, statistics, top rankings, if available. More about this item JEL classification: To make corrections gerter the bibliographic information of a particular item, find the technical contact on the abstract page of that item.
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Central Banking 5 Kimball, Miles S, Macroeconomics 13 This author has had 15 papers announced in NEP. All material on this site has been provided by the respective publishers and authors.
Bils, Mark J, Help us Corrections Found an error or omission? Real or Measurement Error? Labour Economics 10 Network Economics 1 We then show that a reasonable calibration of the model can account for the cyclical behavior of wages and labor market activity observed in the data. Personal Details First Name: General contact details of provider: If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item.
We address this issue gertelr modifying the Mortensen-Pissarides framework to allow for staggered multiperiod wage contracting.
Antonella Trigari | IDEAS/RePEc
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