Search in the product market and the real business cycle

DOI10.1016/J.JEDC.2011.03.001MaRDI QIDQ550830zbMATH OpenOpenAlexFDO

Authors Thomas Y. Mathä, Olivier Pierrard

Publication date 13 July 2011

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.2011.03.001

zbMATH Keywords

business cyclesearchfrictionsprice bargainproduct market

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Economic dynamics (91B55) Matching models (91B68)

Recommendations

• Business Cycles with Costly Search and Recruiting
• Labor-market search and real business cycles: Nash bargaining vs. fair wage.
• Search frictions, market power, and long-run growth
• FIRM DYNAMICS WITH FRICTIONAL PRODUCT AND LABOR MARKETS
• Monopolistic competition and the cyclicality of pricing and productivity -- a typology of industries

Cites work

• Business Cycle Accounting
• Consumer inertia, firm growth and industry dynamics.
• Job matching and propagation
• Macroeconomic Effects of Regulation and Deregulation in Goods and Labor Markets
• Monopolistic Price Adjustment and Aggregate Output
• On the Efficiency of Matching and Related Models of Search and Unemployment
• The bargaining problem

Cited in

(2)

• Labor-market search and real business cycles: Nash bargaining vs. fair wage.
• Product Innovation and the Business Cycle

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