Alcala 50
28014 Madrid
Spain
Banco de España - Research Department
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real business cycles, matching function, unemployment insurance
Firing Costs, Temporary Jobs, Unemployment Volatility, Matching Model, Endogenous Separation
multiple equilibria, imperfect insurance, matching,
Inflation Dynamics, Labour Market, Business Cycle, Real Rigidities
inflation dynamics, labour market, business cycle, real rigidities
banks, financial stability, financial regulation, macroeconomic policy
Job matching, wage rigidity, efficiency wages, contractual fragility
job matching, shirking, efficiency wages, endogenous separation, contractual fragility
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Matching, shirking, efficiency wage, separation, contractual fragility, C78, E24, E32, J64
Real business cycles, matching, precautionary saving, unemployment insurance, fiscal policy, incomplete markets, heterogeneity, computation
nominal rigidity, logit equilibrium, state-dependent pricing, near rationality, information-constrained pricing
Herding, information cascades, multiplicity, uniqueness, heterogeneity, strategic complementarities, global games, adaptive learning, stochastic recursive algorithms
Logit equilibrium, state-dependent pricing, (S,s) adjustment, near rationality, information-constrained pricing
nominal rigidity, logit equilibrium, state-dependent pricing, (S,s) adjustment, near-rational behavior
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
(S,s), adjustment, logit equilibrium, near-rational behavior, Nominal rigidity, state-dependent pricing
Fiscal authority, public wages, sovereign debt, monetary union
price stickiness, state-dependent pricing, stochastic menu costs, generalized (S,s), heterogeneous agents, distributional dynamics
Nominal rigidity, state-dependent pricing, menu costs, heterogeneity, Taylor rule
price stickiness, state-dependent pricing, stochastic menu costs, generalized (S,s), bounded rationality
fiscal authority, delegation, decentralization, monetary union, sovereign debt
independent fiscal authority, delegation, decentralization, monetary union, sovereign debt
bargaining, control costs, logit equilibrium, near-rational choice
Heterogeneity, multiplicity, discrete choice, strategic complementarity, positive feedback
