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~isPartOf:"IZA Discussion Paper"
~person:"Faia, Ester"
~person:"Goodhart, Charles A. E."
~subject:"Theory"
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Labor Turnover Costs, Workers' Heterogeneity, and Optimal
Monetary
Policy
Faia, Ester
-
2009
We study the design of optimal
monetary
policy
in a New Keynesian model with labor turnover costs in which wages are …
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