메뉴 건너뛰기




Volumn 41, Issue 1, 2009, Pages 1-33

Equilibrium unemployment, job flows, and inflation dynamics

Author keywords

Labor market search; Monetary policy shocks; Nominal price rigidities

Indexed keywords


EID: 58849092899     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1538-4616.2008.00185.x     Document Type: Article
Times cited : (160)

References (41)
  • 1
    • 0029799225 scopus 로고    scopus 로고
    • Business Cycles and Labor Market Search
    • Andolfatto, David 1996 Business Cycles and Labor Market Search American Economic Review, 861, 112 32.
    • (1996) American Economic Review , vol.861 , pp. 112-32
    • Andolfatto, D.1
  • 2
    • 0001388828 scopus 로고
    • Long-Term Contracting, Sticky Prices and Monetary Policy
    • Barro, Robert 1977 Long-Term Contracting, Sticky Prices and Monetary Policy Journal of Monetary Economics, 3, 305 16.
    • (1977) Journal of Monetary Economics , vol.3 , pp. 305-16
    • Barro, R.1
  • 3
    • 0000613028 scopus 로고    scopus 로고
    • The Financial Accelerator in a Business Cycle Framework
    • and. In. edited by. J. Taylor. and. M. Woodford. Amsterdam: North-Holland.
    • Bernanke, Ben, Mark Gertler, and Simon Gilchrist 1999 The Financial Accelerator in a Business Cycle Framework In Handbook of Macroeconomics, edited by J. Taylor and M. Woodford. Amsterdam : North-Holland.
    • (1999) Handbook of Macroeconomics
    • Bernanke, B.1    Gertler, M.2    Gilchrist, S.3
  • 6
    • 48749143178 scopus 로고
    • Staggered Prices in a Utility Maximizing Framework
    • Calvo, Guillermo 1983 Staggered Prices in a Utility Maximizing Framework Journal of Monetary Economics, 12, 383 98.
    • (1983) Journal of Monetary Economics , vol.12 , pp. 383-98
    • Calvo, G.1
  • 7
    • 0004776554 scopus 로고
    • Intertemporal Labor Supply: An Assessment
    • In. edited by. C. Sims. Cambridge, UK: Cambridge University Press.
    • Card, David 1994 Intertemporal Labor Supply: An Assessment In Advances in Econometrics, edited by C. Sims. Cambridge, UK : Cambridge University Press.
    • (1994) Advances in Econometrics
    • Card, D.1
  • 8
    • 0001682128 scopus 로고    scopus 로고
    • Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem
    • and
    • Chari, Varadarajan V., Patrick J. Kehoe, and Ellen R. McGrattan 2000 Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem Econometrica, 68, 1151 80.
    • (2000) Econometrica , vol.68 , pp. 1151-80
    • Chari, V.V.1    Kehoe, P.J.2    McGrattan, E.R.3
  • 9
    • 0001806992 scopus 로고    scopus 로고
    • Monetary Policy Shocks: What Have We Learned and to What End
    • and. In. edited by. J. Taylor. and. M. Woodford. Amsterdam: North-Holland.
    • Christiano, Lawrence, Martin Eichenbaum, and Charles Evans 2000 Monetary Policy Shocks: What Have We Learned and to What End In Handbook of Macroeconomics, edited by J. Taylor and M. Woodford. Amsterdam : North-Holland.
    • (2000) Handbook of Macroeconomics
    • Christiano, L.1    Eichenbaum, M.2    Evans, C.3
  • 10
    • 15844392342 scopus 로고    scopus 로고
    • Nominal Rigidities and the Dynamics Effects of a Shock to Monetary Policy
    • and
    • Christiano, Lawrence, Martin Eichenbaum, and Charles Evans 2005 Nominal Rigidities and the Dynamics Effects of a Shock to Monetary Policy Journal of Political Economy, 113, 1 45.
    • (2005) Journal of Political Economy , vol.113 , pp. 1-45
    • Christiano, L.1    Eichenbaum, M.2    Evans, C.3
  • 11
    • 0006260747 scopus 로고    scopus 로고
    • Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory
    • and
    • Clarida, Richard, Jordi Galí, and Mark Gertler 2000 Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory Quarterly Journal of Economics, 115, 147 80.
    • (2000) Quarterly Journal of Economics , vol.115 , pp. 147-80
    • Clarida, R.1    Galí, J.2    Gertler, M.3
  • 12
    • 0033211807 scopus 로고    scopus 로고
    • A Neoclassical Model of the Phillips Curve
    • and
    • Cooley, Thomas, and Vincenzo Quadrini 1999 A Neoclassical Model of the Phillips Curve Journal of Monetary Economics, 4, 165 93.
    • (1999) Journal of Monetary Economics , vol.4 , pp. 165-93
    • Cooley, T.1    Quadrini, V.2
  • 16
    • 0001532134 scopus 로고    scopus 로고
    • Optimal Monetary Policy with Staggered Wage and Price Contracts
    • and
    • Erceg, Christopher, Dale Henderson, and Andrew Levin 2000 Optimal Monetary Policy With Staggered Wage and Price Contracts Journal of Monetary Economics, 46, 281 313.
    • (2000) Journal of Monetary Economics , vol.46 , pp. 281-313
    • Erceg, C.1    Henderson, D.2    Levin, A.3
  • 17
    • 0001332822 scopus 로고    scopus 로고
    • Habit Formation in Consumption and Its Implications for Monetary-Policy Models
    • Fuhrer, Jeffrey 2000 Habit Formation in Consumption and Its Implications for Monetary-Policy Models American Economic Review, 90, 367 90.
    • (2000) American Economic Review , vol.90 , pp. 367-90
    • Fuhrer, J.1
  • 18
    • 0000198452 scopus 로고    scopus 로고
    • Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations
    • Galí, Jordi 1999 Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations American Economic Review, 89, 249 71.
    • (1999) American Economic Review , vol.89 , pp. 249-71
    • Galí, J.1
  • 19
    • 84926116347 scopus 로고    scopus 로고
    • New Perspectives on Monetary Policy, Inflation and the Business Cycle
    • In. edited by. M. Dewatripont, L. Hansen, and. S. Turnovsky. Cambridge, UK: Cambridge University Press.
    • Galí, Jordi 2003 New Perspectives on Monetary Policy, Inflation and the Business Cycle In Advances in Economic Theory, edited by M. Dewatripont, L. Hansen, and S. Turnovsky. Cambridge, UK : Cambridge University Press.
    • (2003) Advances in Economic Theory
    • Galí, J.1
  • 20
    • 0033211941 scopus 로고    scopus 로고
    • Inflation Dynamics: A Structural Econometric Analysis
    • and
    • Galí, Jordi, and Mark Gertler 1999 Inflation Dynamics: A Structural Econometric Analysis Journal of Monetary Economics, 44, 195 222.
    • (1999) Journal of Monetary Economics , vol.44 , pp. 195-222
    • Galí, J.1    Gertler, M.2
  • 22
    • 57049099252 scopus 로고    scopus 로고
    • An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining
    • and. Forthcoming
    • Gertler, Mark, Luca Sala, and Antonella Trigari Forthcoming An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining Journal of Money, Credit and Banking.
    • Journal of Money, Credit and Banking.
    • Gertler, M.1    Sala, L.2    Trigari, A.3
  • 23
    • 62749203638 scopus 로고    scopus 로고
    • Unemployment Fluctuations with Staggered Nash Wage Bargaining
    • and. Forthcoming
    • Gertler, Mark, and Antonella Trigari Forthcoming Unemployment Fluctuations with Staggered Nash Wage Bargaining Journal of Political Economy.
    • Journal of Political Economy.
    • Gertler, M.1    Trigari, A.2
  • 24
    • 0036049085 scopus 로고    scopus 로고
    • Labor market Search and International Business Cycles
    • Hairault, Jean-Olivier 2002 Labor market Search and International Business Cycles Review of Economic Dynamics, 5, 535 58.
    • (2002) Review of Economic Dynamics , vol.5 , pp. 535-58
    • Hairault J.-Olivier1
  • 26
    • 33646792946 scopus 로고    scopus 로고
    • Job Loss, Job Finding, and Unemployment in the U.S. Economy over the Past Fifty Years
    • In. edited by. M. Gertler. and. K. Rogoff. Cambridge, MA: MIT Press.
    • Hall, Robert 2005 Job Loss, Job Finding, and Unemployment in the U.S. Economy over the Past Fifty Years In NBER Macroeconomics Annual, edited by M. Gertler and K. Rogoff. Cambridge, MA : MIT Press.
    • (2005) NBER Macroeconomics Annual
    • Hall, R.1
  • 27
    • 84960552346 scopus 로고
    • On the Efficiency of Matching and Related Models of Search and Unemployment
    • Hosios, Arthur 1990 On the Efficiency of Matching and Related Models of Search and Unemployment Review of Economic Studies, 57, 279 98.
    • (1990) Review of Economic Studies , vol.57 , pp. 279-98
    • Hosios, A.1
  • 29
    • 34247325606 scopus 로고    scopus 로고
    • The (Ir)relevance of Real Wage Rigidity in the New Keynesian Model with Search Frictions
    • and
    • Krause, Michael, and Thomas Lubik 2007 The (Ir)relevance of Real Wage Rigidity in the New Keynesian Model with Search Frictions Journal of Monetary Economics, 54, 706 27.
    • (2007) Journal of Monetary Economics , vol.54 , pp. 706-27
    • Krause, M.1    Lubik, T.2
  • 30
    • 33646820646 scopus 로고    scopus 로고
    • Monetary Policy under Uncertainty in Micro-Founded Macroeconometric Models
    • and. In. edited by. M. Gertler. and. K. Rogoff. Cambridge, MA: MIT Press.
    • Levin, Andy, Alexei Onatski, John Williams, and Noah Williams 2005 Monetary Policy under Uncertainty in Micro-Founded Macroeconometric Models In NBER Macroeconomics Annual, edited by M. Gertler and K. Rogoff. Cambridge, MA : MIT Press.
    • (2005) NBER Macroeconomics Annual
    • Levin, A.1    Onatski, A.2    Williams, J.3    Williams, N.4
  • 31
    • 0033148746 scopus 로고    scopus 로고
    • Nominal Income Targeting in an Open-Economy Optimizing Model
    • and
    • McCallum, Bennett, and Edward Nelson 1999 Nominal Income Targeting in an Open-Economy Optimizing Model Journal of Monetary Economics, 43, 553 78.
    • (1999) Journal of Monetary Economics , vol.43 , pp. 553-78
    • McCallum, B.1    Nelson, E.2
  • 32
    • 0000605080 scopus 로고
    • Search in the Labor Market and the Real Business Cycle
    • Merz, Monika 1995 Search in the Labor Market and the Real Business Cycle Journal of Monetary Economics, 36, 269 300.
    • (1995) Journal of Monetary Economics , vol.36 , pp. 269-300
    • Merz, M.1
  • 33
    • 84963060954 scopus 로고
    • Job Creation and Job Destruction in the Theory of Unemployment
    • and
    • Mortensen, Dale, and Christopher Pissarides 1994 Job Creation and Job Destruction in the Theory of Unemployment Review of Economic Studies, 61, 397 415.
    • (1994) Review of Economic Studies , vol.61 , pp. 397-415
    • Mortensen, D.1    Pissarides, C.2
  • 34
    • 0000817409 scopus 로고    scopus 로고
    • Looking into the Black Box: A Survey of the Matching Function
    • and
    • Petrongolo, Barbara, and Christopher Pissarides 2001 Looking into the Black Box: A Survey of the Matching Function Journal of Economic Literature, 39 (2 390 431.
    • (2001) Journal of Economic Literature , vol.39 , Issue.2 , pp. 390-431
    • Petrongolo, B.1    Pissarides, C.2
  • 35
    • 0345982186 scopus 로고    scopus 로고
    • An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy
    • and. In. edited by. B. Bernanke. and. J. Rotemberg. Cambridge, MA: MIT Press.
    • Rotemberg, Julio, and Michael Woodford 1997 An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy In NBER Macroeconomics Annual, edited by B. Bernanke and J. Rotemberg. Cambridge, MA : MIT Press.
    • (1997) NBER Macroeconomics Annual
    • Rotemberg, J.1    Woodford, M.2
  • 36
    • 84889977874 scopus 로고    scopus 로고
    • Optimal Fiscal and Monetary Policy in a Medium Scale Macroeconomic Model
    • and. In. edited by. M. Gertler. and. K. Rogoff. Cambridge, MA: MIT Press.
    • Schmitt-Grohe, Stephanie, and Martin Uribe 2006a Optimal Fiscal and Monetary Policy in a Medium Scale Macroeconomic Model In NBER Macroeconomics Annual, edited by M. Gertler and K. Rogoff. Cambridge, MA : MIT Press.
    • (2006) NBER Macroeconomics Annual
    • Schmitt-Grohe, S.1    Uribe, M.2
  • 38
    • 20444394073 scopus 로고    scopus 로고
    • The Cyclical Behavior of Equilibrium Unemployment and Vacancies: Evidence and Theory
    • Shimer, Robert 2005 The Cyclical Behavior of Equilibrium Unemployment and Vacancies: Evidence and Theory American Economic Review, 95, 25 49.
    • (2005) American Economic Review , vol.95 , pp. 25-49
    • Shimer, R.1
  • 39
    • 77957241272 scopus 로고    scopus 로고
    • An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area
    • and
    • Smets, Frank, and Raf Wouters 2003 An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area Journal of the European Economic Association, 1, 527 49.
    • (2003) Journal of the European Economic Association , vol.1 , pp. 527-49
    • Smets, F.1    Wouters, R.2
  • 41
    • 27644590879 scopus 로고    scopus 로고
    • Labor Market Search, Sticky Prices and Interest Rate Rules
    • Walsh, Carl 2005 Labor Market Search, Sticky Prices and Interest Rate Rules Review of Economic Dynamics, 8, 829 49.
    • (2005) Review of Economic Dynamics , vol.8 , pp. 829-49
    • Walsh, C.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.