The equivalence of wage and price staggering in monetary business cycle models

Review of Economic Dynamics

Volumn 5, Issue 3, 2002, Pages 559-585

  Edge, Rochelle M ^a  

^a FEDERAL RESERVE BOARD   (United States)

Author keywords

Firm specific factor inputs; Monetary business cycles; Staggered price setting; Staggered wage setting; Taylor contracting

Indexed keywords

EID: 0036046649     PISSN: 10942025     EISSN: None     Source Type: Journal    
DOI: 10.1006/redy.2001.0147     Document Type: Article

References (18)

1. "Persistency in Sticky Price Models"
2. "Price/Wage Staggering and Persistence"
3. "Staggered Price Setting and Endogenous Persistence"
4. "The Wage Price Spiral"
5. "The Solution of Linear Difference Models under Rational Expectations"
6. "Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?"
7. "Technical Appendix to 'The Equivalence of Wage and Price Staggering in Monetary Business Cycle Models'"
8. "Nominal Wage Rigidities and the Propagation of Monetary Disturbances"
9. "Tobin's Marginal q and Average q: A Neoclassical Interpretation"
10. "Staggered Contracts and Business Cycle Persistence"
11. "Changes in Relative Wages, 1963-1987: Supply and Demand Factors"
12. "Staggered Price Setting and Real Rigidities"
13. "Constructing and Estimating a Realistic Optimizing Model of Monetary Policy"
14. "The Quantitative Analytics of the Basic Neomonetarist Model"
15. "Production, Growth, and Business Cycles. I. The Basic Neoclassical Model"
16. "Aggregate Price Adjustment: The Fisherian Alternative"
17. "Prices, Output, and Hours: An Empirical Analysis Based on a Sticky Price Model"
18. "Aggregate Dynamics and Staggered Contracts"