17 Flinn () estimates the bargaining power parameter to be in this range. .. baseline model with staggered wage contracting (Gertler-Trigari). While. Mark Gertler & Antonella Trigari, “Unemployment fluctuations with staggered Nash wage bargaining,” Proceedings, Federal Reserve Bank of San. Mark Gertler & Antonella Trigari, “Unemployment Fluctuations with Staggered Nash Wage Bargaining,” Journal of Political Economy, University of Chicago.

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Unemployment Fluctuations with Staggered Nash Wage Bargaining

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Unemployment Fluctuations with Staggered Nash Wage Bargaining

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Antonella Trigari

What emerges is a tractable relation for wage dynamics that is a natural generalization of the period-by-period Nash bargaining outcome in the conventional formulation. Access to full text is restricted to subscribers. Central Banking 5 This author has had 15 papers announced in NEP.

A number of authors have argued that the conventional model of unemployment dynamics due to Mortensen and Pissarides has difficulty accounting for the relatively volatile behavior of labor market activity over the business cycle.


Antonella Trigari | IDEAS/RePEc

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Labour Economics 10 Macroeconomics 13 To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page triari that item. Network Economics 1 For technical questions regarding this item, or to correct its authors, title, tgigari, bibliographic or download information, contact: Dynamic General Equilibrium 9 We then show that a reasonable calibration of the model can account for the cyclical behavior of wages and labor market activity observed in the data.

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