Endogenous business cycle propagation and the persistence problem: the role of labor-market frictions

DOI10.1016/J.JEDC.2011.07.003MaRDI QIDQ428015zbMATH OpenOpenAlexFDO

Authors Steve Ambler, Alain Guay, Louis Phaneuf

Publication date 18 June 2012

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2011.07.003

zbMATH Keywords

business cycle propagationcostly labor adjustmentpersistence problemsticky wages

Mathematics Subject Classification ID

Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

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Cites work

• scientific article; zbMATH DE number 3727971 (Why is no real title available?)
• Automatic Lag Selection in Covariance Matrix Estimation
• Hours and employment variation in business cycle theory
• Indirect inference and calibration of dynamic stochastic general equilibrium models
• Large Sample Properties of Generalized Method of Moments Estimators
• Monetary non-neutrality in a multisector menu cost model
• Money and Interest in a Cash-in-Advance Economy
• Production, growth and business cycles: Technical appendix
• The Solution of Linear Difference Models under Rational Expectations
• Time to Build and Aggregate Fluctuations

Cited in

(7)

• Econometric analysis of linearized singular dynamic stochastic general equilibrium models
• A monetary business cycle model with unemployment
• What (really) accounts for the fall in hours after a technology shock?
• Labor and investment frictions in a real business cycle model
• Sticky price models of the business cycle: can the roundabout production solve the persistence puzzle?
• Monetary persistence and the labor market: a new perspective
• Supply-side policy and economic growth: a case study of the UK

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