Monetary policy and unemployment

Jordi Galí

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

Abstract: Much recent research has focused on the development and analysis of extensions of the New Keynesian framework that model labor market frictions and unemployment explicitly. The present paper describes some of the essential ingredients and properties of those models, and their implications for monetary policy.

Keywords: Nominal rigidities; labor market frictions; wage rigidities. (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Date: 2009-10, Revised 2010-02
New Economics Papers: this item is included in nep-cba, nep-lab, nep-mac and nep-mon
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Citations: View citations in EconPapers (24)

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Related works:
Working Paper: Monetary Policy and Unemployment (2015)
Chapter: Monetary Policy and Unemployment (2010)
Working Paper: Monetary Policy and Unemployment (2010)
Working Paper: Monetary Policy and Unemployment (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:1198

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