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Search and matching frictions and optimal monetary policy : job market paper
Thomas, Carlos (contributor) - 2006 - Rev.
Persistent link: https://www.econbiz.de/10003401007
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German labor market and fiscal reforms 1999 to 2008 : can they be blamed for intra-euro area imbalances?
Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - 2015
In this paper, we assess the impact of major German structural reforms from 1999 to 2008 on key macroeconomic variables. By many, these reforms, especially the Hartz reforms on the labor market, are considered to be the root of observed imbalances in the Euro Area. Our simulations within a...
Persistent link: https://www.econbiz.de/10011316580
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German labor market and fiscal reforms 1999-2008 : Can they be blamed for intra-euro area imbalances?
Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - In: Journal of macroeconomics 50 (2016), pp. 307-324
Persistent link: https://www.econbiz.de/10011707897
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Liquidity traps, learning and stagnation
Evans, George W.; Guse, Eran; Honkapohja, Seppo - In: European economic review : EER 52 (2008) 8, pp. 1438-1463
Persistent link: https://www.econbiz.de/10003804541
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Optimal monetary-fiscal policy in the euro area liquidity crisis
Filiani, Pasquale - In: Journal of macroeconomics 70 (2021), pp. 1-19
Persistent link: https://www.econbiz.de/10013275458
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The Liquidity Channel of Fiscal Policy
Bayer, Christian - 2020
—the liquidity premium. We rationalize this finding in an estimated heterogeneous-agent New-Keynesian (HANK) model with incomplete … markets and portfolio choice, in which public debt affects private liquidity. In this environment, the short-run fiscal … multiplier is amplified by the countercyclical liquidity premium. This liquidity channel stabilizes investment and crowds in …
Persistent link: https://www.econbiz.de/10012830353
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Monetary-fiscal interactions with endogenous liquidity frictions
Cui, Wei - In: European economic review : EER 87 (2016), pp. 1-25
Persistent link: https://www.econbiz.de/10011770754
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Why are fiscal multipliers moderate even under monetary accommodation?
Bredemeier, Christian; Jüßen, Falko; Schabert, Andreas - In: European economic review : EER 141 (2022), pp. 1-31
Persistent link: https://www.econbiz.de/10013348618
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Unconventional monetary policy and local fiscal policy
Bi, Huixin; Traum, Nora - In: European economic review : EER 156 (2023), pp. 1-19
Persistent link: https://www.econbiz.de/10014439475
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The Beveridge curve and labour market flows : a reinterpretation
Gottfries, Nils; Stadin, Karolina - 2019
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high unemployment makes it easier to fill vacancies....
Persistent link: https://www.econbiz.de/10012026458