Wage and price rigidities
Trend Inflation, Wage and Price Rigidities, and Welfare
... including rigidities in wage decisions for the analysis of monetary policy and for building data-congruent monetary ...Henderson and Levin (2000) examine the welfare costs of di¤erent monetary ...
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What if oil is less substitutable? A New-Keynesian Model with Oil, Price and Wage Stickiness including Capital Accumulation
... production and consumption functions assumed there, for composite Constant Elasticity of Substitution (ces) ...nominal wage and price rigidities through a Calvo ...1984:Q1-2007:Q3 ...
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Do Nominal Rigidities Matter for the Transmission of Technology Shocks?
... nominal rigidities are important for the transmission of monetary policy ...real wage and the near-constance of the nominal wage; a pure sticky-wage model does well in generating slow ...
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Experimental identification of the overall elastic rigidities of superconducting windings
... The average identified values are listed in Table 1 1 . The identification of E θθ , G ss and ν θr is reason- ably stable. A larger spread is observed for E rr because this stiffness is related to the radial ...
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Experimental identification of the overall elastic rigidities of superconducting windings
... The mechanical properties of coil winding are usually obtained from mechanical tests using local measurement techniques [2]. However, these techniques are poorly suited to the anisotropic case study. Consequently, a ...
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Experimental identification of the overall elastic rigidities of superconducting windings
... deposit and dissemination of sci- entific research documents, whether they are pub- lished or ...teaching and research institutions in France or abroad, or from public or private research ...
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Ambiguity aversion and the absence of wage indexation
... Introduction Wage indexation is, arguably, relatively rare except in the case of economies with persistent, highly variable ...(1995)) and very much below that mark in less inflationary ...many wage ...
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Wage and employment in a finance-led economy
... in wage share doesn’t create a recovery of the economy by the increase of ...decreases and this constraint becomes higher. The causality between profits and investment is reverted referring to ...
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Job search with ubiquity and the wage distribution
... the wage distribution is a major property of our paper that distinguishes it from other models of frictional wage ...Burdett and Mortensen (1998) show that this heterogeneity in reservation wages ...
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Search Intensity, Directed Search And The Wage Distribution
... equilibrium wage dis- persion, despite agents’ homogeneity and without on-the-job ...time. Wage competition takes place at the time of choosing between di¤erent job ...Acemoglu and Shimer ...
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External referencing and pharmaceutical price negociation
... costs and the rival’s copayment (consumer price) tend to ...small) and the copayment for a listed drug tends to marginal ...(Fehr and Stevik, ...
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Wage Discrimination Between Jews and Non-Jews in Israel
... The important information to remember from that table is that: Firstly, the discrimination term is always larger than the explained term. That means that wage discrimination is a more important factor in ...
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The Impact of the National Minimum Wage on Industry-Level Wage Bargaining in France
... the wage setting process for one third of French firms 5 whereas André (2012a) finds a significantly positive short-term elasticity of actual wages to wage floors (higher than the one associated with the ...
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Risk sharing, the minimum wage, and the business cycle
... capital and that firm specific human capital (especially) does not collateralize consumption loans in modern ...risks and we hypothesize the existence of a social contract whereby extremes of income ...
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The Design and Price of Information
... If the conditions of Corollary 1 fail, however, the seller may choose to offer a second (distorted) experiment to one group in order to maintain a high price for the fully informative experiment. Furthermore, ...
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Mobility and wage dynamics in the French labour market
... Lindbeck and Snower (1986)) peut être expliquée la dualité du marché du ...(Cahuc and Postel-Vinay (2002) et Blanchard and Landier ...Topel and Ward ...
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Sectoral Price Rigidity and Aggregate Dynamics
... mining and manufacturing, but plays a smaller role in construction and ...Giannoni and Mihov (2007), and Mackowiak, Moench and Wiederholt (2008) also …nd that sector-speci…c conditions ...
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Performance Pay and the White-Black Wage Gap
... the wage distribution in the United States is largely a whites only ...workers and it basically shrinks to zero at the top end at the same time as it increases sharply for ...distribution and ...
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Sectoral Price Rigidity and Aggregate Dynamics
... experiments and found our results to be robust to small perturbations around the values ...diagonal and allows us to estimate the weights using the Use Table ...industry and, in practice, is not ...
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Linear and non-linear price decentralization
... models and the large literature on price decentralization in vector lattices has little, that is obvious, to say in such a ...proper and the commodity space is finite ...payoffs and which is ...
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