The Walras–Bowley lecture, North American Summer Meetings of the Econometric Society, Duke University, June 2007. I am grateful to the editor Daron Acemoglu and the referees for their extensive comments, and to Antonio Antunes, Christian Haefke, Robert Hall, John Kennan, Per Krusell, Iourii Manovskii, Rachel Ngai, Michael Reiter, Robert Shimer and Gary Solon for comments and discussion. Pedro Gomes provided research assistance. Partial funding for this study was provided by the Centre for Economic Performance, a designated research center of the ESRC.
The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?
Article first published online: 6 OCT 2009
© 2009 The Econometric Society
Volume 77, Issue 5, pages 1339–1369, September 2009
How to Cite
Pissarides, C. A. (2009), The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?. Econometrica, 77: 1339–1369. doi: 10.3982/ECTA7562
- Issue published online: 6 OCT 2009
- Article first published online: 6 OCT 2009
- Manuscript received November, 2007; final revision received November, 2008.
Options for accessing this content:
- If you have access to this content through a society membership, please first log in to your society website.
- If you would like institutional access to this content, please recommend the title to your librarian.
- Login via other institutional login options http://onlinelibrary.wiley.com/login-options.
- You can purchase online access to this Article for a 24-hour period (price varies by title)
- If you already have a Wiley Online Library or Wiley InterScience user account: login above and proceed to purchase the article.
- New Users: Please register, then proceed to purchase the article.
Type your institution's name in the box below. If your institution is a Wiley customer, it will appear in the list of suggested institutions and you will be able to log in to access content. Some users may also log in directly via OpenAthens.
Please note that there are currently a number of duplicate entries in the list of institutions. We are actively working on fixing this issue and apologize for any inconvenience caused.
Registered Users please login:
- Access your saved publications, articles and searches
- Manage your email alerts, orders and subscriptions
- Change your contact information, including your password
Please register to:
- Save publications, articles and searches
- Get email alerts
- Get all the benefits mentioned below!