Similar Search Results

Stochastic capital depreciation and the comovement of hours and productivity

Dueker, Michael (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001971164

Labor Hoarding and inventories

Wen, Yi (contributor) - 2005 - rev.

Persistent link: https://www.econbiz.de/10003342433

Uniform working hours and structural unemployment

Liu, Haoming (contributor); Wen, Yi (contributor); … - 2005

working schedules. This simple model can generate unemployment, even if wages adjust instantaneously, firms are perfectly … working for the same hours as high-skilled workers at competitive wages based on productivity. Thus our model offers an …

Persistent link: https://www.econbiz.de/10002956728

The use of long-run restrictions for the identification of technology shocks

Francis, Neville (contributor); … - 2003 - [Elektronische Ressource], rev

Persistent link: https://www.econbiz.de/10001979869

Monetary policy, taxes and the business cycle

Gavin, William T. (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002496910

Targeting vs. instrument rules for monetary policy

McCallum, Bennett T. (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002115955

Optimal monetary policy, endogenous sticky prices, and multiplicity of equilibria

Barseghyan, Levon (contributor); … - 2005 - rev.

"We analyze optimal monetary policy in an endogenous sticky price model. Similar models with exogenous sticky prices can deliver multiplicity of equilibria. Multiplicity of equilibria is a necessary condition for expectation traps to explain the variation across time and countries of inflation...

Persistent link: https://www.econbiz.de/10002934314

Sticky-price models and the natural rate hypothesis

Andrés, Javier (contributor); … - 2005

"A major criticism of standard specifications of price adjustment in models for monetary policy analysis is that they violate the natural rate hypothesis by allowing output to differ from potential in steady state. In this paper we estimate a dynamic optimizing business cycle model whose...

Persistent link: https://www.econbiz.de/10002934315

Did the great inflation occur despite policymaker commitment to a taylor rule?

Bullard, James Brian (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001979875

Common stochastic trends, common cycles, and asymmetry in economic fluctuations

Kim, Chang-jin (contributor); Piger, Jeremy Max (contributor) - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001965274