Fig. 5From: Macroeconomic fluctuations in a New Keynesian disequilibrium modelPrices and wages in the different disequilibrium regimes (CU, KU, RI, LH). Stylized example, red line: goods market equilibrium, blue line: labor market equilibrium. Adopted from Malinvaud (1982) and Cuddington et al. (1984)Back to article page