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The Rigidity of Wages and the Persistence of Unemployment

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  • Robert E. Hall

    (Massachusetts Institute of Technology)

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Bibliographic Info

Article provided by Economic Studies Program, The Brookings Institution in its journal Brookings Papers on Economic Activity.

Volume (Year): 6 (1975)
Issue (Month): 2 ()
Pages: 301-350

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Handle: RePEc:bin:bpeajo:v:6:y:1975:i:1975-2:p:301-350

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Keywords: macroeconomics; wages; unemployment;

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Cited by:
  1. Robert J. Gordon, 1976. "The Theory of Domestic Inflation," Discussion Papers 250, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  2. Michael P. Keane, 1990. "Sectoral shift theories of unemployment: evidence from panel data," Discussion Paper / Institute for Empirical Macroeconomics 28, Federal Reserve Bank of Minneapolis.
  3. Jeremy I. Bulow & Lawrence H. Summers, 1985. "A Theory of Dual Labor Markets with Application to Industrial Policy, Discrimination and Keynesian Unemployment," NBER Working Papers 1666, National Bureau of Economic Research, Inc.
  4. Laurence Weiss, 1979. "Information Aggregation and Policy," Cowles Foundation Discussion Papers 528, Cowles Foundation for Research in Economics, Yale University.
  5. Kim B. Clark & Lawrence H. Summers, 1982. "Labor Force Participation: Timing and Persistence," NBER Working Papers 0977, National Bureau of Economic Research, Inc.
  6. Thomas J. Sargent & Christopher A. Sims, 1977. "Business cycle modeling without pretending to have too much a priori economic theory," Working Papers 55, Federal Reserve Bank of Minneapolis.
  7. Johannes Horner & L. Rachel Ngai & Claudia Olivetti, 2004. "Public enterprises and labor market performance," LSE Research Online Documents on Economics 3529, London School of Economics and Political Science, LSE Library.
  8. Preston J. Miller & Arthur J. Rolnick, 1979. "The CBO's policy analysis: an unquestionable misuse of a questionable theory," Staff Report 49, Federal Reserve Bank of Minneapolis.
  9. Hall, Robert E & Lilien, David M, 1979. "Efficient Wage Bargains under Uncertain Supply and Demand," American Economic Review, American Economic Association, vol. 69(5), pages 868-79, December.
  10. Bozani, Vasiliki & Drydakis, Nick, 2011. "Studying the NAIRU and its Implications," IZA Discussion Papers 6079, Institute for the Study of Labor (IZA).
  11. repec:fth:prinin:89 is not listed on IDEAS
  12. Peter N. Ireland, 1995. "Customer flows, countercyclical markups, and the persistent effects of monetary shocks," Working Paper 95-04, Federal Reserve Bank of Richmond.
  13. Michael P. Keane, 1993. "Individual Heterogeneity and Interindustry Wage Differentials," Journal of Human Resources, University of Wisconsin Press, vol. 28(1), pages 134-161.
  14. Riveros, Luis A. & Bouton, Lawrence, 1991. "Efficiency wage theory, labormarkets, and adjustment," Policy Research Working Paper Series 731, The World Bank.
  15. Suleman Moosa, 1982. "Money, Inflation, and the Monetarist Explanation: Evidence from the Postwar U.S. Experience," Eastern Economic Journal, Eastern Economic Association, vol. 8(2), pages 101-119, Apr-Jun.
  16. Stephen R. G. Jones & Craig Riddell, 2000. "The Dynamics of US Labor Force Attachment," Econometric Society World Congress 2000 Contributed Papers 0011, Econometric Society.

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