{"title":"交错工资、粘性价格和匹配模型中的劳动力市场动态","authors":"Janet M. Neugebauer, Dennis Wesselbaum","doi":"10.3790/AEQ.60.3.159","DOIUrl":null,"url":null,"abstract":"This paper estimates a search and matching model using Bayesian methods. We deviate from the existing literature in two ways. First, we provide a cross-country analysis by estimating the model for the United States and Australia. We document differences in structural parameters and key driving forces of business cycle fluctuations. Second, we find that staggered wages rather than sticky prices matter to fit the data.","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"60 1","pages":"159-177"},"PeriodicalIF":0.0000,"publicationDate":"2014-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Staggered Wages, Sticky Prices, and Labor Market Dynamics in Matching Models\",\"authors\":\"Janet M. Neugebauer, Dennis Wesselbaum\",\"doi\":\"10.3790/AEQ.60.3.159\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper estimates a search and matching model using Bayesian methods. We deviate from the existing literature in two ways. First, we provide a cross-country analysis by estimating the model for the United States and Australia. We document differences in structural parameters and key driving forces of business cycle fluctuations. Second, we find that staggered wages rather than sticky prices matter to fit the data.\",\"PeriodicalId\":36978,\"journal\":{\"name\":\"Applied Economics Quarterly\",\"volume\":\"60 1\",\"pages\":\"159-177\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2014-09-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Applied Economics Quarterly\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3790/AEQ.60.3.159\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"Economics, Econometrics and Finance\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Applied Economics Quarterly","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3790/AEQ.60.3.159","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
Staggered Wages, Sticky Prices, and Labor Market Dynamics in Matching Models
This paper estimates a search and matching model using Bayesian methods. We deviate from the existing literature in two ways. First, we provide a cross-country analysis by estimating the model for the United States and Australia. We document differences in structural parameters and key driving forces of business cycle fluctuations. Second, we find that staggered wages rather than sticky prices matter to fit the data.