Showing 1 - 10 of 11
This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a …
Persistent link: https://www.econbiz.de/10005368256
utility calculations. There is a stabilization problem because there are one-period nominal contracts for wages, or prices, or …
Persistent link: https://www.econbiz.de/10005368489
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010724980
Remarks before the Puerto Rico Chamber of Commerce Annual Convention, Fajardo, Puerto Rico.
Persistent link: https://www.econbiz.de/10010725015
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010725023
Remarks at Forecasters Club of New York, New York City.>
Persistent link: https://www.econbiz.de/10010725046
Persistent link: https://www.econbiz.de/10005387253
-optimal equilibrium that would occur under completely flexible wages and prices; that is, the model exhibits a tradeoff between … stabilizing the output gap, price inflation, and wage inflation. The Pareto optimum is attainable only if either wages or prices …
Persistent link: https://www.econbiz.de/10005712759
Persistent link: https://www.econbiz.de/10005721080
This paper examines differences in the skill content of work throughout the United States, ranging from densely populated city centers to isolated and sparsely populated rural areas. To do so, we classify detailed geographic areas into categories along the entire urban-rural hierarchy. An...
Persistent link: https://www.econbiz.de/10011027232