• Title of article

    Imperfectly competitive labour markets and the productivity puzzle

  • Author/Authors

    Torben M. Andersen، نويسنده , , Eric Toulemonde، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2002
  • Pages
    8
  • From page
    115
  • To page
    122
  • Abstract
    We integrate imperfectly competitive labour markets in a dynamic macromodel. In accordance with empirical evidence, we find that temporary shocks are consistent with little real wage and large employment responsiveness, while permanent shocks affect real wages and not employment.
  • Keywords
    Productivity , Unions , Real wages and unemployment
  • Journal title
    Economics Letters
  • Serial Year
    2002
  • Journal title
    Economics Letters
  • Record number

    434909

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=434909