Showing 1 - 10 of 866,108
Persistent link: https://www.econbiz.de/10002195454
Persistent link: https://www.econbiz.de/10002654712
Persistent link: https://www.econbiz.de/10013456577
unanticipated policy shock. After an unanticipated shock, output falls immediately and unemployment spikes, as agents search for …In this paper, we present a simple but rigorous model of the dynamics of output and unemployment in transition. We … more interesting when the reform is fully anticipated. Unemployment falls and output stagnates in anticipation of the …
Persistent link: https://www.econbiz.de/10014208248
Persistent link: https://www.econbiz.de/10009304223
Persistent link: https://www.econbiz.de/10009310905
positive, temporary risk premium shock. -- default risk premium ; dynamic stochastic general equilibrium ; aggregate …
Persistent link: https://www.econbiz.de/10009377295
Persistent link: https://www.econbiz.de/10010426623
Persistent link: https://www.econbiz.de/10011988463
Persistent link: https://www.econbiz.de/10012415525