Burya, Anastasia; Mano, Rui C.; Timmer, Yannick; Weber, Anke - 2022
Using the near universe of online vacancy postings in the U.S., we study the interaction between labor market power and … monetary policy. We show empirically that labor market power amplifies the labor demand effects of monetary policy, while not … college degree or technology skills are more responsive to monetary policy, especially when firms have labor market power. Our …