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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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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
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An introduction to the economics of job search and frictional unemployment
Wright, Randall Douglas - 1983
Persistent link: https://www.econbiz.de/10003536217
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The macroeconomic policy challenges of balance sheet recession : lessons from Japan for the European crisis
Schnabl, Gunther - 2013
The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the … characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary … well as gradual real income losses, the economic policy implication for Japan and Europe is the timely exit from the …
Persistent link: https://www.econbiz.de/10009743745
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Estimation of labour supply functions using panel data : a survey
Laisney, François; Pohlmeier, Winfried; Staat, Matthias - 1991
This survey aims at providing the reader with a thread through the literature on the topic of panel econometrics of labour supply, reporting also on the evaluation of the data used in these studies, and summarizing their substantive results. It documents the present trend away from models that...
Persistent link: https://www.econbiz.de/10011622753
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Estimation of labour supply functions using panel data : a survey
Laisney, François; Pohlmeier, Winfried; Staat, Matthias - 1991
Persistent link: https://www.econbiz.de/10013427858
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The CEO labour market in China’s public listed companies
Bryson, Alex; Forth, John; Zhou, Minghai - 2012
Persistent link: https://www.econbiz.de/10009746104
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Banking panics and liquidity in a monetary economy
Matsuoka, Tarishi; Watanabe, Makoto - 2017
This paper studies banks' liquidity provision in the Lagos and Wright model of monetary exchanges. With aggregate …
Persistent link: https://www.econbiz.de/10011747458
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Analysis of monetary policy and financial stability : a new paradigm
Goodhart, Charles A. E.; Osorio, Carolina; Tsomocos, … - 2009
This paper introduces agent heterogeneity, liquidity, and endogenous default to a DSGE framework. Our model allows for … the economy. Due to liquidity and endogenous default, the transmission mechanism of shocks is well defined, and their …
Persistent link: https://www.econbiz.de/10003923247