Sökning: "nominal wage rigidities"

Hittade 2 uppsatser innehållade orden nominal wage rigidities.

1. 1. Wage Rigidities, Monetary Policy and Inequality: Insights from a three-agent New Keynesian model

   D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Författare :Tamar Den Besten; [2022]
   Nyckelord :monetary policy; new keynesian models; household heterogeneity; inequality; nominal wage rigidities;

   Sammanfattning : In this thesis, I use a three-agent New Keynesian (THRANK) dynamic stochastic general equilibrium model, which features poor-, wealthy- and non-hand-to-mouth (HtM) households. I augment the model by introducing nominal wage rigidities to account for empirical evidence regarding wages and profits. LÄS MER

3. 2. An empirical analysis of the Phillips Curve : A time series exploration of Germany

   Kandidat-uppsats, Institutionen för nationalekonomi och statistik (NS)

   Författare :Patrick Nüß; [2013]
   Nyckelord :Inflation; Unemployment; Phillips Curve; Cointegration; Error Correction Model;

   Sammanfattning : The purpose of the paper is to explore the relationship between inflation and unemployment in Germany during the period from 1970 to 2012. Through the methods of cointegration, dynamic OLS and an error correction model, this paper highlights that there is no short run negative relationship between inflation and unemployment, and consequently the short run Phillips curve is an unsuitable instrument for making political decisions. LÄS MER