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Labor force heterogeneity : implications for the relation between aggregate volatility and government size
Janiak, Alexandre; Monteiro, Paulo Santos - 2010
Persistent link: https://www.econbiz.de/10008666904
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Towards a quantitative theory of automatic stabilizers : the role of demographics
Janiak, Alexandre; Monteiro, Paulo Santos - 2014
Persistent link: https://www.econbiz.de/10010427971
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Towards a quantitative theory of automatic stabilizers : the role of demographics
Janiak, Alexandre; Monteiro, Paulo Santos - 2011
Persistent link: https://www.econbiz.de/10009382843
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Inflation and Welfare in Long-Run Equilibrium with Firm Dynamics
Janiak, Alexandre - 2009
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10013154485
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Inflation and welfare in long-run equilibrium with firm dynamics
Janiak, Alexandre; Monteiro, Paulo Santos - 2009
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10010269435
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Inflation and welfare in long-run equilibrium with firm dynamics
Janiak, Alexandre (contributor);  … - 2009
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10003866601
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Inflation and welfare in long-run equilibrium with firm dynamics
Janiak, Alexandre; Monteiro, Paulo Santos - 2009
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10003916989
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Towards a quantitative theory of automatic stabilizers: the role of demographics
Janiak, Alexandre; Monteiro, Paulo Santos - Centro de Economía Aplicada, Universidad de Chile - 2011
Employment volatility is larger for young workers than for prime aged. At the same time, in economies with high tax rates the share of total market hours supplied by the young workers is smaller. These two observations imply a negative correlation between government size (measured by the share...
Persistent link: https://www.econbiz.de/10009392988
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Inflation and welfare in long-run equilibrium with firm dynamics
Janiak, Alexandre; Monteiro, Paulo Santos - Centro de Economía Aplicada, Universidad de Chile - 2009
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10004961240
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Inflation and welfare in long-run equilibrium with firm dynamics
Janiak, Alexandre; Monteiro, Paulo Santos - Department of Economics, University of Warwick - 2009
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10005004259