Research
My research focuses on the role of information and expectations for workers in determining labor market dynamics, specifically business cycles and wage bargaining.
My research focuses on the role of information and expectations for workers in determining labor market dynamics, specifically business cycles and wage bargaining.
Work in Progress
Work in Progress
Beliefs, Aggregate Productivity and Wages: Role of expectation in labor market dynamics
Beliefs, Aggregate Productivity and Wages: Role of expectation in labor market dynamics
The project analyses firm responses when workers are uninformed about their productivity. Firms face a heterogeneous work force with a measure of uninformed workers who demand wages that are not linked to the current productivity. The model is discplined through application to Shimer-Puzzle.