Imperfectly competitive labour markets and the productivity puzzle

T.M. Andersen; E. Toulemonde

doi:10.1016/S0165-1765(01)00579-1

Imperfectly competitive labour markets and the productivity puzzle

Résultats de recherche: Contribution à un journal/une revue › Article › Revue par des pairs

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 originale	Anglais
Pages (de - à)	115-122
Nombre de pages	8
journal	Economics Letters
Volume	75
Les DOIs	https://doi.org/10.1016/S0165-1765(01)00579-1
Etat de la publication	Publié - 1 mars 2002

Accès au document

10.1016/S0165-1765(01)00579-1

Autres fichiers et liens

Link to publication in Scopus

Contient cette citation

@article{8af8fad73faf443aa07c59a00ec543ef,

title = "Imperfectly competitive labour markets and the productivity puzzle",

abstract = "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. {\textcopyright} 2002 Elsevier Science B.V. All rights reserved.",

author = "T.M. Andersen and E. Toulemonde",

year = "2002",

month = mar,

day = "1",

doi = "10.1016/S0165-1765(01)00579-1",

language = "English",

volume = "75",

pages = "115--122",

journal = "Economics Letters",

publisher = "Elsevier",

}

TY - JOUR

T1 - Imperfectly competitive labour markets and the productivity puzzle

AU - Andersen, T.M.

AU - Toulemonde, E.

PY - 2002/3/1

Y1 - 2002/3/1

N2 - 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.

AB - 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.

UR - http://www.scopus.com/inward/record.url?scp=0036019684&partnerID=8YFLogxK

U2 - 10.1016/S0165-1765(01)00579-1

DO - 10.1016/S0165-1765(01)00579-1

M3 - Article

VL - 75

SP - 115

EP - 122

JO - Economics Letters

JF - Economics Letters

ER -

Imperfectly competitive labour markets and the productivity puzzle

Résumé

Accès au document

Autres fichiers et liens

Empreinte digitale

Contient cette citation