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   Articles with "setting behavior" as a keyword



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HETEROGENEITY IN WAGE SETTING BEHAVIOR IN A NEW-KEYNESIAN MODEL

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recommendations! Published in 2019 at "Macroeconomic Dynamics"

DOI: 10.1017/s1365100518000949

Abstract: In this paper we estimate a New-Keynesian dynamic stochastic general equilibrium (NK DSGE) model with heterogeneity in price and wage setting behavior. In a recent study, Coibion and Gorodnichenko develop a DSGE model, in which… read more here.

Keywords: wage; model; heterogeneity wage; setting behavior ... See more keywords