The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics

56 Pages Posted: 8 Jun 2016

See all articles by Kai Philipp Christoffel

Kai Philipp Christoffel

European Central Bank (ECB)

Tobias Linzert

European Central Bank (ECB); IZA Institute of Labor Economics

Multiple version iconThere are 2 versions of this paper

Date Written: 2006

Abstract

In this paper we incorporate a labor market with matching frictions and wage

Keywords: Monetary Policy, Matching Models, Labor Market Search, Inflation Persistence, Real Wage Rigidity

JEL Classification: E52, E31, E32, J64

Suggested Citation

Christoffel, Kai Philipp and Linzert, Tobias, The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics (2006). Bundesbank Series 1 Discussion Paper No. 2006,11, Available at SSRN: https://ssrn.com/abstract=2785237

Kai Philipp Christoffel (Contact Author)

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Tobias Linzert

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
15
Abstract Views
230
PlumX Metrics