QUADRATIC LABOR ADJUSTMENT COSTS, BUSINESS CYCLE DYNAMICS, AND OPTIMAL MONETARY POLICY

DOI10.1017/S1365100511000083zbMath1273.91333MaRDI QIDQ5325991

Wolfgang Lechthaler, Dennis J. Snower

Publication date: 31 July 2013

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

zbMATH Keywords

optimal monetary policymonetary persistencelabor adjustment costs

Mathematics Subject Classification ID

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

Uses Software

• Dynare

Cites Work

• Imitators and optimizers in a changing environment
• Monetary persistence and the labor market: a new perspective
• Optimal fiscal and monetary policy under sticky prices.
• On the Efficiency of Matching and Related Models of Search and Unemployment
• Optimal Monetary Policy

This page was built for publication: QUADRATIC LABOR ADJUSTMENT COSTS, BUSINESS CYCLE DYNAMICS, AND OPTIMAL MONETARY POLICY