An estimated dynamic stochastic general equilibrium model of the ...
An estimated dynamic stochastic general equilibrium model of the ...
An estimated dynamic stochastic general equilibrium model of the ...
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Graph 5: Wage mark-up shock0.050yc0.20.15pir0.60.50.4wrk-0.050.10.050.30.2-0.100.10-0.150 5 10 15 20-0.050 5 10 15 20-0.10 5 10 15 200.60.50.4pmc0-0.050.40.30.2invezcap0.30.2-0.10.100.10-0.10 5 10 15 20-0.15empllab-0.20 5 10 15 20-0.1-0.2-0.30 5 10 15 2042 NBB WORKING PAPER No.35 - October 2002