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A widely spread belief among economists is that monetary policy has relatively short-lived effects on real variables such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle frequencies, but the effects on unemployment may well be more...
Persistent link: https://www.econbiz.de/10013316967
drivers of the recent rise in German wage dispersion and pin down the relative contribution of plant and worker … characteristics. Moreover, we separately investigate the drivers of between-plant and within-plant wage dispersion. We also analyze … the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East …
Persistent link: https://www.econbiz.de/10012892230