What Prevents a Real Business Cycle Model from Matching the U.S. Data? Decomposing the Labor Wedge
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Cited by:
- Oscar Iván Ávila-Montealegre & Anderson Grajales-Olarte & Juan J. Ospina-Tejeiro & Mario A. Ramos-Veloza, 2023. "Minimum Wage and Macroeconomic Adjustment: Insights from a Small Open, Emerging, Economy with Formal and Informal Labor," Borradores de Economia 1264, Banco de la Republica de Colombia.
- Daniel Fehrle & Johannes Huber, 2020.
"Business cycle accounting for the German fiscal stimulus program during the Great Recession,"
Working Papers
197, Bavarian Graduate Program in Economics (BGPE).
- Daniel Fehrle & Johannes Huber, 2020. "Business cycle accounting for the German fiscal stimulus program during the Great Recession," Discussion Paper Series 339, Universitaet Augsburg, Institute for Economics.
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Keywords
WP; business cycle; standard deviation; Unemployment; business cycles; labor wedge; TFP shock; wage unit; production function; labor supply wedge; TFP fluctuation; equilibrium unemployment; wage series; Wages; Unemployment rate; Labor supply; Labor demand;All these keywords.
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