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...

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Bibliographic Details
Main Authors: Frenkel Michael, Stadtmann Georg, Zimmermann Lilli
Format: Article
Language:English
Published: Sciendo 2023-03-01
Series:International Journal of Management and Economics
Subjects:
Online Access:https://doi.org/10.2478/ijme-2023-0001