Monetary persistence and the labor market: a new perspective

DOI10.1016/j.jedc.2010.01.004zbMath1202.91146MaRDI QIDQ964567

Christian Merkl, Dennis J. Snower, Wolfgang Lechthaler

Publication date: 22 April 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://www.cesifo.org/DocDL/cesifo1_wp2935.pdf

zbMATH Keywords

labor market; business cycle dynamics; hiring and firing costs; monetary persistence

Mathematics Subject Classification ID

91B64: Macroeconomic theory (monetary models, models of taxation)

Related Items

QUADRATIC LABOR ADJUSTMENT COSTS, BUSINESS CYCLE DYNAMICS, AND OPTIMAL MONETARY POLICY, Fiscal stimulus and labor market policies in Europe, Investment, matching and persistence in a modified cash-in-advance economy, Introducing financial frictions and unemployment into a small open economy model, Monetary persistence and the labor market: a new perspective, Optimal fiscal policy with labor selection, Revisiting the matching function, Hartz IV and the decline of German unemployment: a macroeconomic evaluation, EFFICIENCY AND LABOR MARKET DYNAMICS IN A MODEL OF LABOR SELECTION

Uses Software

• Dynare

Cites Work

• Unemployment and the business cycle in a small open economy
• Business cycles, unemployment insurance, and the calibration of matching models
• Optimal monetary policy rules with labor market frictions
• Monetary persistence and the labor market: a new perspective
• The Phillips and Beveridge curves revisited
• Firing Costs and Labour Demand: How Bad is Eurosclerosis?
• MONETARY PERSISTENCE, IMPERFECT COMPETITION, AND STAGGERING COMPLEMENTARITIES
• A NOTE ON INFLATION PERSISTENCE IN A FAIR WAGE MODEL OF THE BUSINESS CYCLE