Optimal monetary policy with staggered wage and price contracts
Federal Reserve Board
New Keynesian DSGE model with both staggered nominal wage contracts (Calvo-style) and staggered nominal price contracts (Calvo-style), monopolistic competition in both labor and product markets, production and employment subsidies to eliminate 
monopolistically competitive firms with Cobb-Douglas production; output aggregator combines differentiated goods with Dixit-Stiglitz technology
Table 2
Strict price inflation targeting rule; baseline parameters with staggered wage and price contracts