We thank Heinz Herrmann, Andrew Levin, Michael Krause, Keith Küster, and seminar participants at the Goethe-University Frankfurt, the Deutsche Bundesbank, and the Eurosystem’s Inflation Persistence Network for helpful comments and suggestions. Part of this research was undertaken while both authors were affiliated with the Deutsche Bundesbank and the Goethe-University Frankfurt. The views expressed in this note are those of the authors and do not necessarily reflect those of the ECB or Bundesbank. Any remaining errors are the sole responsibility of the authors.
The Role of Real Wage Rigidity and Labor Market Frictions for Inflation Persistence
Version of Record online: 6 SEP 2010
© 2010 The Ohio State University
Journal of Money, Credit and Banking
Volume 42, Issue 7, pages 1435–1446, October 2010
How to Cite
CHRISTOFFEL, K. and LINZERT, T. (2010), The Role of Real Wage Rigidity and Labor Market Frictions for Inflation Persistence. Journal of Money, Credit and Banking, 42: 1435–1446. doi: 10.1111/j.1538-4616.2010.00348.x
- Issue online: 6 SEP 2010
- Version of Record online: 6 SEP 2010
- Received October 6, 2006; and accepted in revised form February 19, 2010.
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