The Phillips and Beveridge curves revisited

被引:22
作者
Chéron, A
Langot, F
机构
[1] Univ Paris 01, EUREQua, F-75647 Paris 13, France
[2] Univ Paris 01, GAINS, F-75647 Paris, France
[3] Univ Maine, GAINS, F-72000 Le Mans, France
[4] Univ Maine, CEPREMAP, F-72000 Le Mans, France
关键词
search; money; business cycle;
D O I
10.1016/S0165-1765(00)00296-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper extends the labor market search model to account for monopolist intermediate good firms who face price adjustment costs. We show quantitatively that embedding monetary shocks in this framework allows to mimic the Phillips and Beveridge curves. (C) 2000 Elsevier Science S.A. All rights reserved.
引用
收藏
页码:371 / 376
页数:6
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