Non-Walrasian Unemployment Fluctuations
收藏NBER1995-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5337
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资源简介:
We modify the standard real business cycle model by assuming that wages are set by a monopoly union at the firm level. In the context of such a model, we introduce a measure of unemployment and analyze its equilibrium behavior. We show that a calibrated version of the model is capable of generating
提供机构:
美国国家经济研究局
创建时间:
1995-11-01



