ARTICLE IN PRESS


The Staying Power of Staggered
Wage and Price Setting Models
in Macroeconomics
J.B. Taylor
Stanford University, Stanford, CA, United States

Contents
1. Introduction                                           2010
2. An Updated Empirical Guide to Wage and Price Setting in Market Economies             2011
  2.1 Microeconomic Evidence on Wage Setting                            2012
  2.2 Microeconomic Evidence on Price Setting                            2017
  2.3 Pertinent Fa ...