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We estimate the macroeconomic benefits and international spillovers of an increase in competition using a general-equilibrium simulation model with nominal rigidities and monopolistic competition in product and labor markets. We draw three conclusions after calibrating the model to the euro area...
Persistent link: https://www.econbiz.de/10002101549
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Remarks before the Morris County Chamber of Commerce, Florham Park, New Jersey.
Persistent link: https://www.econbiz.de/10010724958
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010724980
Remarks at New York University's Stern School of Business, New York City.
Persistent link: https://www.econbiz.de/10010724985
Remarks by President Dudley at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010725017
Remarks at the Staten Island Chamber of Commerce, Staten Island, New York.
Persistent link: https://www.econbiz.de/10010725024
the short term, but can cause a higher equilibrium unemployment rate in the long term. Employment subsidies succeed in …We analyze the effects of various labor market policies on job creation, job destruction, and employment. The framework … of 2009, including the unemployment, inflow, and outflow rates by workers of different educational attainment. We …
Persistent link: https://www.econbiz.de/10008493878
cross-country calibration of search models of unemployment. We find that cross-country differences in job-finding rates are … unemployment and labor force participation rates to impute steady-state worker flows for twenty-three of the countries in our …
Persistent link: https://www.econbiz.de/10005526298
hiring and firing costs, search frictions with vacancy costs, unemployment benefits, firm entry costs, and a tax wedge …
Persistent link: https://www.econbiz.de/10005420526