We use the novel anonymized Household Labour Force Survey (HLFS) microdata to analyze job finding rates and job … separation rates in New Zealand. We find that individual characteristics, including age, gender, ethnicity and education have a … significant impact on job finding and separation rates, even after controlling for other factors. We use a decomposition approach …

This paper examines whether high government debt levels pose a challenge to containing inflation. It does so by … assessing the impact of government debt surprises on inflation expectations in advanced- and emerging market economies. It finds … that debt surprises raise long-term inflation expectations in emerging market economies in a persistent way, but not in …

There are growing concerns that 25 years after the launch of the HIPC debt relief initiative, many low-income countries … are again facing high debt vulnerabilities. This paper compares debt vulnerabilities in LICs today versus those on the eve … of the HIPC Initiative and examines challenges to a similarly designed debt-relief framework. While solvency and …

We use randomized controlled trials in the US, UK, and Brazil to examine the causal effect of public debt on household … inflation expectations. We find that people underestimate public debt levels and increase inflation expectations when informed … the central bank considerably reduces the sensitivity of inflation expectations to public debt. We also show that people …