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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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Fiscal rules for the Western Balkans
Kikoni, Edith; Madžarević-Šujster, Sanja; Irwin, … - 2019
Policy toward fiscal rules is an important issue in the countries of the Western Balkans (Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia). According to a rough estimate, the countries with rules (all but North Macedonia) have complied with their debt and...
Persistent link: https://www.econbiz.de/10012114089
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Fiscal reform to benefit state and local governments : the modern money theory approach
Wray, L. Randall - 2019
This paper will present the Modern Money Theory approach to government finance. In short, a national government that chooses its own money of account, imposes a tax in that money of account, and issues currency in that money of account cannot face a financial constraint. It can make all payments...
Persistent link: https://www.econbiz.de/10012102465
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Effects of monetary and fiscal policy interactions on regional employment : evidence from Japan
Miyazaki, Tomomi; Kondoh, Haruo - 2022
Persistent link: https://www.econbiz.de/10013264955
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Has Japan been following Modern Money Theory without recognizing it? : no! and yes
Wray, L. Randall; Nersisyan, Yeva - 2021
Modern Money Theory (MMT) economists have used Japan as an example of a country that demonstrates that high deficits … really spend tax revenue or borrow in their own currency-with Japan serving as an example of a country that does not face … financial budget constraints as normally defined. In this paper we evaluate whether Japan is the poster child of MMT and argue …
Persistent link: https://www.econbiz.de/10012432238
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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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The impact of Central Bank announcements on asset prices in real time : testing the efficiency of the Euribor futures market
Rosa, Carlo (contributor); Verga, Giovanni (contributor) - 2006
Persistent link: https://www.econbiz.de/10003397403