Imperfectly competitive labour markets and the productivity puzzle

T.M. Andersen, E. Toulemonde

Résultats de recherche: Contribution à un journal/une revueArticle

Résumé

We integrate imperfectly competitive labour markets in a dynamic macromodel. In accordance with empirical evidence, we find that temporary shocks are consistent with little real wage and large employment responsiveness, while permanent shocks affect real wages and not employment. © 2002 Elsevier Science B.V. All rights reserved.
langue originaleAnglais
Pages (de - à)115-122
Nombre de pages8
journalEconomics Letters
Volume75
Les DOIs
étatPublié - 1 mars 2002

Empreinte digitale

Real wages
Labour market
Productivity
Empirical evidence
Permanent shock
Temporary shock
Responsiveness
Macro model

Citer ceci

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Imperfectly competitive labour markets and the productivity puzzle. / Andersen, T.M.; Toulemonde, E.

Dans: Economics Letters, Vol 75, 01.03.2002, p. 115-122.

Résultats de recherche: Contribution à un journal/une revueArticle

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