Monetary policy under uncertainty in an estimated model with labor market frictions

By Luca Sala, Ulf Söderström, A. Trigari. 2008

120 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/99c0ea6f7e55796b6fac3a0e639c7a34719c2bb6

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In Economics and Econometrics

1. Luca Sala
2. M. Gertler
3. A. Trigari
4. Pascal Michaillat
5. Pontus Rendahl
6. Robert E. Hall
7. Tommaso Monacelli
8. Hélène Rey

Citations in the corpus

• An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining (2008, background): “Loglinearizing the first order condition for Nash bargaining, equation (41), we obtain the following loglinear difference equation for real contract wage, b w∗ t : b w∗ t = £(1− τ) b w t (w∗n t ) + τEt ¡b πt+1 − γb πt + bεzt+1¢¤+ τEt b w∗ t+1.”