The Role of Search Frictions and Bargaining for Inflation Dynamics
By A. Trigari. 2006
143 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/80b549384c305b88c551ed60ec9c7504235d8a2d
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In Economics and Econometrics
- Carlos Thomas
- Luca Sala
- Thomas A. Lubik
- A. Trigari
- Tommaso Monacelli
- M. Gertler
- D. López-Salido
- Michael U. Krause
Citations in the corpus
- Unemployment Fiscal Multipliers (2010, methodology): “See Trigari (2006, 2009) for details. model with four-quarter price stickiness under alternative values of the complementarity parameter s.”
- An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining (2008, methodology): “It follows that by combining equations (46) and (48) and applying the law of large numbers, we can express the price index as”
- Search and matching frictions and optimal monetary policy (2008, background): “As emphasized by Gertler and Trigari (2006), an advantage of assuming staggered wage contracts a la Calvo (1983) is that the parameter regulating wage stickiness (the fraction of wages that remain constant each period) can be calibrated empirically, contrary to an arbitrary partial adjustment coe¢…”
- Inflation Dynamics with Search Frictions: A Structural Econometric Analysis (2008, background): “…rm 1We follow a literature that has adopted the labor market model by Pissarides (2000) into dynamic general equilibrium frameworks, such as Merz (1995), Andolfatto (1996), and Den Haan et al. (2000) in real models, and Walsh (2005), Trigari (2006), and Krause and Lubik (2007a) for monetary models.”
- Monetary policy under uncertainty in an estimated model with labor market frictions (2008, methodology): “…Σt+1(i) } (42) is the firm’s cumulative discount factor, and ∆t = 1 + βρλwEt { Λt,t+1 pt pt+1 γwπ γw t ∆t+1 } (43) is the worker’s cumulative discount factor.3 As in Gertler and Trigari (2006), the bargaining solution gives a difference equation for the real wage w∗t = w n∗ t /pt as ∆tw∗t = w o t…”