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Persistent link: https://www.econbiz.de/10001495358
The Eurosystem and the U.S. Federal Reserve System follow quite different approaches to the execution of monetary policy. The former institution adopts a "hands-off" approach that largely delegates to depository institutions the task of stabilizing their own liquidity at high frequency. The...
Persistent link: https://www.econbiz.de/10001752004
Persistent link: https://www.econbiz.de/10001590063
"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … in the generosity and coverage of unemployment insurance. We find that changes in the composition of the labor force and … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and …
Persistent link: https://www.econbiz.de/10002521759
Remarks before the Morris County Chamber of Commerce, Florham Park, New Jersey.
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Remarks at the Quarterly Regional Economic Press Briefing, New York City.
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Remarks before the Bronx Chamber of Commerce at the New York Botanical Garden, Bronx, New York.
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Remarks at New York University's Stern School of Business, New York City.
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Remarks at Fordham University's Gabelli School of Business, Bronx, New York.
Persistent link: https://www.econbiz.de/10010724994
Remarks at the Staten Island Chamber of Commerce, Staten Island, New York.
Persistent link: https://www.econbiz.de/10010725024