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in the generosity and coverage of unemployment insurance. We find that changes in the composition of the labor force and …"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … years. First we analyze whether changes in the demographic composition of the U.S. labor force, particularly the age and …
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realistic parameter values, the model generates a blip in inflation of the same magnitude observed in the data"--Federal Reserve …
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involving U.S. inflation and GDP growth. Empirical results suggest that the number of change points is larger than previously …
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exchange rates have a modest effect on domestic price inflation while import prices have a stronger effect. Pass-through is …
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