Resuscitating the Wage Channel in Models with Unemployment Fluctuations

By K. Christoffel, Keith Kuester. 2008

138 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/97d34af1b5d86ee85f2bfb8f5de6a621fe40e68f

Citations in the corpus

• The Role of Labor Markets for Euro Area Monetary Policy (2009, unknown): “…profits of the firm when the nominal wage rate is Wi,t. hi,t is the firm’s labor input. xLt is the competitive price for the labor good in real terms, Φ ≥ 0 denotes a per- 7 Christoffel and Kuester (2008) show that the existence of a wage channel under RTM does not depend on sticky entry wages.”
• DSGE Models and Central Banks (2009, unknown): “For an up to date discussion of how to model labour markets in DSGE models see the special issue of the Journal of Monetary Economics vol 55, July 2008 (eg Christoffel and Kuester 2008; Krause et al 2008 or Christiano et al 2007b).”