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The Labor Market and Employment (Handbook article). The labor market differs from typical markets in important ways. We find job competition and collective mechanisms that set wages and working conditions. Changes in employment bring about changes in wages and prices and entail political and...
Persistent link: https://www.econbiz.de/10005187342
The Labor Market and Employment (Handbook article). The labor market differs from typical markets in important ways. We find job competition and collective mechanisms that set wages and working conditions. Changes in employment bring about changes in wages and prices and entail political and...
Persistent link: https://www.econbiz.de/10010427449
Persistent link: https://www.econbiz.de/10012129622
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Stagflation, a simultaneous increase in inflation and unemployment, is generally thought to result from exogenous oil … shocks. In this paper, we investigate another potential source of stagflation focusing on tariffs. Relying on the estimation …
Persistent link: https://www.econbiz.de/10011895126
The recent U.S. trade policy shift has reignited interest about the macroeconomic effects of import tariffs. In this paper, we examine the impacts of import tariff shocks on U.S. macroeconomic performance using quarterly data from 1989-2017. Relying upon the estimation of structural VAR model...
Persistent link: https://www.econbiz.de/10011910860
Persistent link: https://www.econbiz.de/10010471063
The Labor Market and Employment (Handbook article). The labor market differs from typical markets in important ways. We find job competition and collective mechanisms that set wages and working conditions. Changes in employment bring about changes in wages and prices and entail political and...
Persistent link: https://www.econbiz.de/10003368130