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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

Quantitative effects of fiscal foresight

Leeper, Eric M.; Richter, Alexander W.; Walker, Todd B. - 2010

Persistent link: https://www.econbiz.de/10008660974

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

The influence of actual and unrequited interventions

Dominguez, Kathryn M.; Panthaki, Freyan - 2007

Persistent link: https://www.econbiz.de/10003435147

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

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