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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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Aggregate implications of indivisible labor, incomplete markets, and labor market frictions
Krusell, Per; Mukoyama, Toshihiko; Rogerson, Richard Donald - 2008
Persistent link: https://www.econbiz.de/10003680638
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Quantitative effects of fiscal foresight
Leeper, Eric M.; Richter, Alexander W.; Walker, Todd B. - 2010
Persistent link: https://www.econbiz.de/10008660974
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An empirical model of subprime mortgage default 2000 to 2007
Bajari, Patrick L.; Chu, Sean; Park, Minjung - 2008
Persistent link: https://www.econbiz.de/10003794912
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The influence of actual and unrequited interventions
Dominguez, Kathryn M.; Panthaki, Freyan - 2007
Persistent link: https://www.econbiz.de/10003435147
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Policy mix and debt sustainability : evidence from fiscal policy rules
Claeys, Peter (contributor) - 2005
This paper characterises rules-based fiscal policy setting. Basically, we translate a standard monetary policy rule into a simple fiscal policy rule. We then infer on fiscal policymakers' reaction coefficients by testing the rule with GMM. Interaction is also tested directly by the inclusion of...
Persistent link: https://www.econbiz.de/10002578199
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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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Cash-on-hand and competing models of intertemporal behavior : new evidence from the labor market
Card, David E.; Chetty, Raj; Weber, Andrea - 2006
Persistent link: https://www.econbiz.de/10003387026
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Surprising comparative properties of monetary models : results from a new data base
Taylor, John B.; Wieland, Volker - 2009
Persistent link: https://www.econbiz.de/10003829393
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Generalizing the Taylor principle
Davig, Troy; Leeper, Eric M. - 2005
Persistent link: https://www.econbiz.de/10003259890