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The Rigidity of Wages and the Persistence of Unemployment

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Author Info
Robert E. Hall (Massachusetts Institute of Technology)
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File URL: http://www.brookings.edu/press/Journals/2007/brookingspapersoneconomicactivity12007.aspx
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Article provided by Economic Studies Program, The Brookings Institution in its journal Brookings Papers on Economic Activity.

Volume (Year): 6 (1975)
Issue (Month): 1975-2 ()
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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Related research
Keywords: macroeconomics; wages; unemployment;

Cited by:
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  1. Laurence Weiss, 1979. "Information Aggregation and Policy," Cowles Foundation Discussion Papers 528, Cowles Foundation, Yale University. [Downloadable!]
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  3. Orley Ashenfelter, 1976. "Union Relative Wage Effects, New Evidence, and a Survey of Their Implications for Wage Inflation," Working Papers 469, Princeton University, Department of Economics, Industrial Relations Section.. [Downloadable!]
  4. Johannes Hörner & L. Rachel Ngai & Claudia Olivetti, 2004. "Public Enterprises and Labor Market Performance," CEP Discussion Papers dp0610, Centre for Economic Performance, LSE. [Downloadable!]
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  5. 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. [Downloadable!]
  6. Michael P. Keane, 1991. "Individual heterogeneity and interindustry wage differentials," Discussion Paper / Institute for Empirical Macroeconomics 54, Federal Reserve Bank of Minneapolis. [Downloadable!]
  7. Riveros, Luis A. & Bouton, Lawrence, 1991. "Efficiency wage theory, labormarkets, and adjustment," Policy Research Working Paper Series 731, The World Bank. [Downloadable!]
  8. 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. [Downloadable!]
  9. Peter N. Ireland, 1995. "Customer flows, countercyclical markups, and the persistent effects of monetary shocks," Working Paper 95-04, Federal Reserve Bank of Richmond. [Downloadable!]
  10. Sebastián Claro, 2002. "Manufacturing Employment Cycle," Documentos de Trabajo 212, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
  11. Stephen R. G. Jones & Craig Riddell, 2000. "The Dynamics of US Labor Force Attachment," Econometric Society World Congress 2000 Contributed Papers 0011, Econometric Society. [Downloadable!]
  12. 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. [Downloadable!]
  13. Jeremy I. Bulow & Lawrence H. Summers, 1986. "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. [Downloadable!] (restricted)
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  14. Kim B. Clark & Lawrence H. Summers, 1984. "Labor Force Participation: Timing and Persistence," NBER Working Papers 0977, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  15. 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. [Downloadable!]
  16. Robert J. Gordon, 1976. "The Theory of Domestic Inflation," Discussion Papers 250, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  17. Robert E. Hall & David M. Lilien, 1980. "Efficient Wage Bargains Under Uncertain Supply and Demand," NBER Working Papers 0306, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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