Browsing by Author "Den Haan, Wouter J."

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  • Den Haan, Wouter J.; Marcet, Albert (1993-09-01)
  • Den Haan, Wouter J.; Rendah, Pontus; Riegler, Markus (2015-09)
    The interaction of incomplete markets and sticky nominal wages is shown to magnify business cycles even though these two features – in isolation – dampen them. During recessions, fears of unemployment stir up precautionary ...

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