Labor market effects of COVID-19 shocks
We study the impact of several Covid-19 related supply shocks. We use a standard wage setting-price setting model of the labor market and analyze the transmission of the shocks to the natural rate of unemployment and production. In a first step, the shocks are analyzed in a general way, graphically...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2023-03-01
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Series: | International Journal of Management and Economics |
Subjects: | |
Online Access: | https://doi.org/10.2478/ijme-2023-0001 |