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

DOI10.1016/j.jedc.2011.07.003zbMath1241.91065OpenAlexW2109223252MaRDI QIDQ428015

Alain Guay, Louis Phaneuf, Steve Ambler

Publication date: 18 June 2012

Published in: Journal of Economic Dynamics \& 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

Related Items (4)

Econometric analysis of linearized singular dynamic stochastic general equilibrium models ⋮ Supply-side policy and economic growth: a case study of the UK ⋮ What (really) accounts for the fall in hours after a technology shock? ⋮ A monetary business cycle model with unemployment

Cites Work

• Unnamed Item
• Large Sample Properties of Generalized Method of Moments Estimators
• Indirect inference and calibration of dynamic stochastic general equilibrium models
• Hours and employment variation in business cycle theory
• Production, growth and business cycles: Technical appendix
• Monetary Non-neutrality in a Multisector Menu Cost Model
• The Solution of Linear Difference Models under Rational Expectations
• Time to Build and Aggregate Fluctuations
• Automatic Lag Selection in Covariance Matrix Estimation
• Money and Interest in a Cash-in-Advance Economy

This page was built for publication: Endogenous business cycle propagation and the persistence problem: the role of labor-market frictions