Some Evidence on the Importance of Sticky Wages

Alessandro Barattieri, Susanto Basu, Peter Gottschalk

NBER Working Paper No. 16130
Issued in June 2010

---- Acknowledgements -----

We thank Mark Bils, Matteo Iacoviello, Peter Klenow, Peter Ireland, Emi Nakamura, Fabio Schiantarelli, Jon Steinsson and seminar participants at Boston College, CREI, the European Economic Association Annual Meetings, the Federal Reserve Bank of Boston, the Federal Reserve Bank of San Francisco, and the NBER Summer Institute for useful suggestions and comments. The usual disclaimer applies. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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