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Labor Search and Matching in Macroeconomics
Yashiv, Eran - Institute for the Study of Labor (IZA) - 2007
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment determined as equilibrium phenomena? What...
Persistent link: https://www.econbiz.de/10005822179
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Why Do Relatively Few Economists Work on Climate Change? A Survey
Pestel, Nico; Oswald, Andrew J. - 2021
Climate change is sometimes viewed as the most serious problem facing modern society. The science behind anthropogenic global warming has been understood for more than half a century. Yet relatively few economists work on topics related to climate change. What explains this (apparent) lack of...
Persistent link: https://www.econbiz.de/10012882461
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A decade of editing the European economic review
Eckstein, Zvi; Gal-Or, Esther; Gylfason, Thorvaldur; … - 2011
This story describes the circumstances that led to all five of us starting as editors at the same time, the unexpected things we have found, the unanticipated reactions we have encountered, how we worked as an editorial team, the central role of the editorial office manager, how we managed to...
Persistent link: https://www.econbiz.de/10010280668
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A Decade of Editing the European Economic Review
Eckstein, Zvi; Gal-Or, Esther; Gylfason, Thorvaldur; … - Institute for the Study of Labor (IZA) - 2011
This story describes the circumstances that led to all five of us starting as editors at the same time, the unexpected things we have found, the unanticipated reactions we have encountered, how we worked as an editorial team, the central role of the editorial office manager, how we managed to...
Persistent link: https://www.econbiz.de/10009323387
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Integrated Macroeconomic Production Function for Open Economies: A New Schumpeterian Solow Model for Globalization
Welfens, Paul J. J. - 2016
The macroeconomic production function is a traditional key element of modern macroeconomics, as is the more recent knowledge production function which explains knowledge/patents by certain input factors such as research, foreign direct investment or international technology spillovers. This...
Persistent link: https://www.econbiz.de/10011479242
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The Macroeconomics of Targeting: The Case of an Enduring Epidemic
Bell, Clive; Gersbach, Hans - Institute for the Study of Labor (IZA) - 2006
What is the right balance among policy interventions in order to ensure economic growth over the long run when an …
Persistent link: https://www.econbiz.de/10005763796
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Monetary Policy, Growth and Employment in Developing Areas: A Review of the Literature
Junankar, Pramod N. (Raja) - 2019
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … countries. Much of the literature focusses on the impact of monetary policy on inflation levels and inflation volatility, and … sometimes on output (GDP) levels and volatility of output. This survey of the literature on Monetary policy and growth shows …
Persistent link: https://www.econbiz.de/10012005898
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Deriving the New Quantity Equation: An Approach for a Closed and an Open Economy
Welfens, Paul J. J. - 2014
This theoretical contribution shows a simple way in which the quantity equation can be derived as a long-term equilibrium solution for the case of a closed economy and an open economy, respectively. It is shown first for the case of a closed economy which parameters stand behind "velocity" and...
Persistent link: https://www.econbiz.de/10010398364
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Deriving the New Quantity Equation: An Approach for a Closed and an Open Economy
Welfens, Paul J. J. - Institute for the Study of Labor (IZA) - 2014
This theoretical contribution shows a simple way in which the quantity equation can be derived as a long-term equilibrium solution for the case of a closed economy and an open economy, respectively. It is shown first for the case of a closed economy which parameters stand behind "velocity" and...
Persistent link: https://www.econbiz.de/10010891175
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Short-Time Work and Precautionary Savings
Dengler, Thomas; Gehrke, Britta - 2021
%, even more when monetary policy is constrained by the zero lower bound. Further, an increase of the short-time work …
Persistent link: https://www.econbiz.de/10012597475