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PRODID:-//AMSE//Event Calendar//FR
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UID:event-11328@www.amse-aixmarseille.fr
DTSTAMP:20260422T133713Z
CREATED:20260422T133713Z
LAST-MODIFIED:20260422T133713Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:phd seminar - Anastasiia Antonova*\, Mykhailo Matvieiev**
DTSTART:20240910T090000Z
DTEND:20240910T103000Z
DESCRIPTION:*This paper investigates how state-dependent pricing affects co
 st-push inflation within a multi-sector New Keynesian model featuring input
 -output linkages. Using U.S. sectoral data\, I estimate sector-specific pri
 ce flexibility and state dependence\, revealing significant state dependenc
 e in price adjustments across most sectors. Theoretical analysis shows that
  state-dependent pricing can alter both the size and direction of cost-push
  inflation compared to non-state-dependent models. Furthermore\, input-outp
 ut linkages play a significant role in propagating the effects of sectoral 
 shocks on cost-push inflation. Evaluating the quantitative impact of these 
 findings\, I highlight that state dependence plays a crucial role in shapin
 g U.S. cost-push inflation\, particularly following the Covid crisis.**Work
 ers\, along with the risk of unemployment\, face the wage risk coming from 
 employment-employment reallocation. I examine the consequences of cyclical 
 wage risk variation within a model incorporating search and matching fricti
 ons\, incomplete markets\, and nominal rigidities. In this economy\, endoge
 nous countercyclical wage risk can trigger a significant destabilizing dema
 nd feedback driven by a precautionary saving motive. I demonstrate that a d
 ynamic job ladder amplifies the response to productivity shocks through cha
 nges in the reallocation rate and cyclical variations in relative wages. I 
 argue that both channels are empirically plausible.\\n\\nContact: Philippin
 e Escudié: philippine.escudie[at]univ-amu.frLucie Giorgi: lucie.giorgi[at
 ]univ-amu.frKla Kouadio: kla.kouadio[at]univ-amu.frLola Soubeyrand: lola.s
 oubeyrand[at]univ-amu.fr\n\nPlus d'informations: https://www.amse-aixmarsei
 lle.fr/en/events/anastasiia-antonova-mykhailo-matvieiev-0
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://www.amse-aixmarseille.fr/en/events/anastasiia-antonova-mykhailo-matvieiev-0
CONTACT:Philippine Escudié:&nbsp\;philippine.escudie[at]univ-amu.frLucie G
 iorgi: lucie.giorgi[at]univ-amu.frKla Kouadio: kla.kouadio[at]univ-amu.frLo
 la Soubeyrand:&nbsp\;lola.soubeyrand[at]univ-amu.fr
TRANSP:OPAQUE
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