17 Flinn () estimates the bargaining power parameter to be in this range. .. baseline model with staggered wage contracting (Gertler-Trigari). While. Mark Gertler & Antonella Trigari, “Unemployment fluctuations with staggered Nash wage bargaining,” Proceedings, Federal Reserve Bank of San. Mark Gertler & Antonella Trigari, “Unemployment Fluctuations with Staggered Nash Wage Bargaining,” Journal of Political Economy, University of Chicago.

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A number of authors have argued that the conventional model of unemployment dynamics due to Mortensen and Pissarides has difficulty accounting for the relatively volatile behavior of labor market activity over the business cycle.

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Please note that most corrections can take a couple of weeks to filter through the various RePEc services. Other versions of this item: To link different versions of the same work, where versions have a different gertldr, use this form. Bils, Mark J, For general information on how to correct material on RePEc, see these instructions.

Access to full text is restricted to subscribers. We address this issue by modifying the Mortensen-Pissarides framework to allow for staggered multiperiod wage contracting. If the author is listed in the directory of specialists for this field, a link is also provided. These are the fields, ordered by grtler of announcements, along with their dates. Note gerter if the versions have a very similar title and are in the author’s profile, the links will usually be created automatically.

Antonella Trigari | IDEAS/RePEc

Dynamic General Equilibrium 9 trigafi Farmer, Roger E A, RePEc uses bibliographic data supplied by the respective publishers. Central Banking 5 We then show that a reasonable calibration of the model can account for the cyclical behavior of wages and labor market activity observed in the data. This author has had 15 papers announced in NEP. Taylor, John B, More about this item JEL classification: All material on this site has been provided by the respective publishers and authors.

Kimball, Miles S, RePEc uses bibliographic data supplied by the respective publishers. Mark Gertler Antonella Trigari. Corrections All gertlerr on this site has been provided by the respective publishers and authors.

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Unemployment Fluctuations with Staggered Nash Wage Bargaining

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