Dufour, Jean-Marie; Khalif, Lynda; Kichian, Maral - 2009
overall identification. From a substantive perspective, our findings suggest that wage-rigidity based New Keynesian Phillips …Real wage rigidities have recently been proposed as a way of building intrinsic persistence in inflation within the … importance of real wage rigidities in the data and the extent to which such models provide useful information regarding price …