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Optimal monetary and fiscal policy in a currency union
Galí, Jordi; Monacelli, Tommaso - 2006
Persistent link: https://www.econbiz.de/10003294244
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Policy volatility, institutions and economic growth
Fatás, Antonio - 2005
Persistent link: https://www.econbiz.de/10013424713
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Market liquidity, investor participation and managerial autonomy : why do firms go private?
Boot, Arnoud W. A.; Gopalan, Radhakrishnan; Thakor, Anjan V. - 2006
Persistent link: https://www.econbiz.de/10003294340
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Debt, deficits and destabilizing monetary policy in open economies
Schabert, Andreas; Wijnbergen, Sweder van - 2006
Persistent link: https://www.econbiz.de/10003311073
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Liquidity traps, learning and stagnation
Evans, George W.; Guse, Eran; Honkapohja, Seppo - 2007
Persistent link: https://www.econbiz.de/10003502747
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Joined at the Hip : Monetary and Fiscal Policy in a Liquidity-Dependent World
Calvo, Guillermo; Velasco, Andrés - National Bureau of Economic Research - 2022
We study the effects of monetary and fiscal policies when both money and government bonds provide liquidity services … the supply of bonds. Those movements in government bond prices affect available liquidity, and therefore aggregate demand … interest rate on money. We conclude that in a liquidity-dependent world, fiscal and monetary policies are joined at the hip …
Persistent link: https://www.econbiz.de/10013172164
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Monetary policy and inequality under labor market frictions and capital-skill complementarity
Dolado, Juan J.; Motyovszki, Gergö; Pappa, Euē - 2018
Persistent link: https://www.econbiz.de/10011885449
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Trade and frictional unemployment in the global economy
Carrère, Céline; Grujovic, Anja; Robert-Nicoud, Frédéric - 2015
Persistent link: https://www.econbiz.de/10011317774
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Labor Market Dynamics When Ideas are Harder to Find
Bilal, Adrien; Engbom, Niklas; Mongey, Simon; Violante, … - National Bureau of Economic Research - 2021
This paper evaluates the impact of slowing economic growth on labor market dynamism and misallocation. It provides a model of endogenous growth via imitation in a frictional labor market. The framework accounts for rich data on worker job-to-job transitions as well as stochastic and lifecycle...
Persistent link: https://www.econbiz.de/10012696388
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Good jobs versus bad jobs : theory and some evidence
Acemoglu, Daron - 1997
Persistent link: https://www.econbiz.de/10013422318