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Wage-Price Dynamics and Structural Reforms in Japan
Porcellacchia, Davide - 2016
Structural reforms in the liquidity trap need not be deflationary. This paper develops a simple framework to study the … role that key characteristics of Japan's labor and product markets-labor-market duality and weak corporate governance … reforms may contribute to Japan's short-run goal of reflating the economy. It finds that boosting inflation with structural …
Persistent link: https://www.econbiz.de/10012996094
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Credit frictions and labor market dynamics
Hristov, Atanas - 2009
We outline the case for credit frictions and a demand side aspect to labor market fluctuations. To illustrate the above proposition, we present a simple framework to analyze the joint dependence between a labor search problem in the labor market and a costly state verification problem in the...
Persistent link: https://www.econbiz.de/10011387314
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Search and matching frictions and optimal monetary policy : job market paper
Thomas, Carlos (contributor) - 2006 - Rev.
Persistent link: https://www.econbiz.de/10003401007
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German labor market and fiscal reforms 1999 to 2008 : can they be blamed for intra-euro area imbalances?
Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - 2015
In this paper, we assess the impact of major German structural reforms from 1999 to 2008 on key macroeconomic variables. By many, these reforms, especially the Hartz reforms on the labor market, are considered to be the root of observed imbalances in the Euro Area. Our simulations within a...
Persistent link: https://www.econbiz.de/10011316580
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German labor market and fiscal reforms 1999 to 2008 : can they be blamed for intra-Euro Area imbalances?
Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - 2014
In this paper,we assess the impact ofmajor German structural reforms from1999 to 2008 on key macroeconomic variables within a two-country monetary union DSGE model. Bymany, these reforms, especially the Hartz reforms on the labormarket, are considered to be the root of thereafter observed...
Persistent link: https://www.econbiz.de/10010429216
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German Labor Market and Fiscal Reforms 1999 to 2008 : Can They Be Blamed for Intra-Euro Area Imbalances?
Gadatsch, Niklas - 2016
In this paper, we assess the impact of major German structural reforms from 1999 to 2008 on key macroeconomic variables. By many, these reforms, especially the Hartz reforms on the labor market, are considered to be the root of observed imbalances in the Euro Area. Our simulations within a...
Persistent link: https://www.econbiz.de/10012988677
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The fiscal and macroeconomic effects of government wages and employment reform
Pérez, Javier J.; Aouriri, Marie; Campos, Maria M.; … - 2016
Persistent link: https://www.econbiz.de/10011590670
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Sustainability, debt management, and public debt policy in Japan
Doi, Takerō; Ihori, Toshihiro; Mitsui, Kiyoshi - 2006
Persistent link: https://www.econbiz.de/10003355314
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Sustainability, Debt Management, and Public Debt Policy in Japan
Doi, Takero - 2014
The purpose of this paper is to analyze sustainability issues of Japan%u2019s fiscal policy and then to discuss the … authority of Japan because it has accumulated the debt outstanding much more than other countries …
Persistent link: https://www.econbiz.de/10012752153
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Sustainability, Debt Management, and Public Debt Policy in Japan
Doi, Takero - 2006
authority of Japan because it has accumulated the debt outstanding much more than other countries …The purpose of this paper is to analyze sustainability issues of Japan's fiscal policy and then to discuss the debt …
Persistent link: https://www.econbiz.de/10012466308