Blar i Arbeidsnotater / Working Papers på emneord "wage mark-up shocks"
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Labour Supply Factors and Economic Fluctuations
(Working Papers;7/2015, Working paper, 2015)We propose a new VAR identification scheme that enables us to disentangle labour supply shocks from wage bargaining shocks. identification is achieved by imposing robust signrestrictions that are derived from a New Keynesian ...