Monetary persistence and the labor market: a new perspective

DOI10.1016/j.jedc.2010.01.004zbMath1202.91146OpenAlexW3123634305MaRDI 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 marketbusiness cycle dynamicshiring and firing costsmonetary persistence

Mathematics Subject Classification ID

Related Items (9)

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

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

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