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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Unemployment Fluctuations with Staggered Nash Wage Bargaining
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Antonella Trigari | IDEAS/RePEc
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Farmer, Roger E A, 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. RePEc uses bibliographic data supplied by the respective publishers.
What emerges is a tractable relation for wage dynamics that is a natural generalization of the period-by-period Nash bargaining outcome in the conventional formulation. Personal Details First Name: Help us Corrections Found an error or omission? Taylor, John B, Access to full text is restricted to subscribers.