17 Flinn () estimates the bargaining power parameter to be in this range. .. baseline model with staggered wage contracting (Gertler-Trigari). While. Mark Gertler & Antonella Trigari, “Unemployment fluctuations with staggered Nash wage bargaining,” Proceedings, Federal Reserve Bank of San. Mark Gertler & Antonella Trigari, “Unemployment Fluctuations with Staggered Nash Wage Bargaining,” Journal of Political Economy, University of Chicago.
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See general information about how to correct material in RePEc. Central Banking 5 A number of authors have argued that the conventional model of unemployment dynamics due to Mortensen and Pissarides has difficulty accounting for the relatively volatile behavior of labor market activity over the business cycle.
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