Firm Wage Setting and On-the-Job Search Limit Wage-Price Spirals
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DOI: 10.59576/sr.1126
Note: Revised February 2025. Previous title: “Do Cost-of-Living Shocks Pass Through to Wages?”
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More about this item
Keywords
monopsony; inflation; cost-of-living shocks; on-the-job search;
All these keywords.JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2024-11-18 (Dynamic General Equilibrium)
- NEP-LAB-2024-11-18 (Labour Economics)
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