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The macroeconomic effects of trade policy
Erceg, Christopher J.; Prestipino, Andrea; Raffo, Andrea - 2018 - This version: October 1, 2018
We study the short-run macroeconomic effects of trade policies that are equivalent in a friction-less economy, namely a … reduction (VP), and a border adjustment of corporate pro.t taxes (BAT). Using a dynamic New Keynesian open-economy framework, we …
Persistent link: https://www.econbiz.de/10011967395
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Time inconsistency and free-riding in a monetary union
Chari, Varadarajan V.; Kehoe, Patrick J. - In: Journal of money, credit and banking : JMCB 40 (2008) 7, pp. 1329-1355
Persistent link: https://www.econbiz.de/10003761412
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Trade policies and fiscal devaluations
Erceg, Christopher J.; Prestipino, Andrea; Raffo, Andrea - 2022
Persistent link: https://www.econbiz.de/10013268057
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Optimal monetary and fiscal policy with a zero bound on nominal interest rates
Schmidt, Sebastian - In: Journal of money, credit and banking : JMCB 45 (2013) 7, pp. 1335-1350
Persistent link: https://www.econbiz.de/10010197463
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Fiscal sustainability in a new Keynesian model
Leith, Campbell B.; Wren-Lewis, Simon - In: Journal of money, credit and banking : JMCB 45 (2013) 8, pp. 1477-1516
Persistent link: https://www.econbiz.de/10010344574
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Fiscal activism and the zero nominal interest rate bound
Schmidt, Sebastian - In: Journal of money, credit and banking : JMCB 49 (2017) 4, pp. 695-732
Persistent link: https://www.econbiz.de/10011946433
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Employment and firm heterogeneity, capital allocation, and countercyclical labor market policies
Epstein, Brendan; Finkelstein Shapiro, Alan - 2014
Persistent link: https://www.econbiz.de/10010404123
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The role of money in monetary policy at the lower bound
Billi, Roberto M.; Söderström, Ulf; Walsh, Carl E. - In: Journal of money, credit and banking : JMCB 55 (2023) 4, pp. 681-716
Persistent link: https://www.econbiz.de/10014306106
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Impact of Rural Employment Guarantee Schemes on Seasonal Labor Markets : Optimum Compensation and Workers' Welfare
Basu, Arnab K. - 2011
economy characterized by lean season involuntary unemployment as a consequence of tied-labor contracts. Specifically, we …
Persistent link: https://www.econbiz.de/10013124790
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Aggregate Earnings and Macroeconomic Shocks : The Role of Labour Market Policies and Institutions
Bassanini, Andrea - 2012
I examine the effect of labour market policies and institutions on the transmission of macroeconomic shocks to the labour market, using both aggregate and industry-level annual data for 23 OECD countries, 23 business-sector industries and up to 29 years. I find that high and progressive labour...
Persistent link: https://www.econbiz.de/10013099104