Similar Search Results

People and Machines : A Look at the Evolving Relationship Between Capital and Skill In Manufacturing 1860-1930 Using Immigration Shocks

Lafortune, Jeanne - 2015

This paper estimates the elasticity of substitution between capital and skill using variation across U.S. counties in … immigration-induced skill mix changes between 1860 and 1930. We find that capital began as a q-complement for skilled and … parametric production function calibrated to our estimates imply the level of capital-skill complementarity after 1890 likely …

Persistent link: https://www.econbiz.de/10012457233

Capital and Labor Reallocation Inside Firms

Giroud, Xavier - 2012

We document how a plant-specific shock to investment opportunities at one plant of a firm ("treated plant") spills over to other plants of the same firm--but only if the firm is financially constrained. While the shock triggers an increase in investment and employment at the treated plant, this...

Persistent link: https://www.econbiz.de/10012460069

Capital controls and the international transmission of US money shocks

Miniane, Jacques Alain; Rogers, John H. - In: Journal of money, credit and banking : JMCB 39 (2007) 5, pp. 1003-1035

Persistent link: https://www.econbiz.de/10003552675

The Federal Reserve, the emerging markets, and capital controls : a high frequency empirical investigation

Edwards, Sebastian - In: Journal of money, credit and banking : JMCB 44 (2012), pp. 151-184

Persistent link: https://www.econbiz.de/10009693554

Risk premium shocks and the zero bound on nominal interest rates

Amano, Robert A.; Shukayev, Malik - In: Journal of money, credit and banking : JMCB 44 (2012) 8, pp. 1475-1505

Persistent link: https://www.econbiz.de/10009693608

The impact of the volatility of monetary policy shocks

Mumtaz, Haroon; Zanetti, Francesco - In: Journal of money, credit and banking : JMCB 45 (2013) 4, pp. 535-558

Persistent link: https://www.econbiz.de/10009759999

Optimal monetary and fiscal policy with a zero bound on nominal interest rates

Schmidt, Sebastian - In: Journal of money, credit and banking : JMCB 45 (2013) 7, pp. 1335-1350

Persistent link: https://www.econbiz.de/10010197463

Fixed- and variable-rate mortgages, business cycles, and monetary policy

Rubio, Margarita - In: Journal of money, credit and banking : JMCB 43 (2011) 4, pp. 657-688

Persistent link: https://www.econbiz.de/10009238061

Cost of borrowing shocks and fiscal adjustment

De Groot, Oliver; Holm-Hadulla, Fédéric; Leiner, Nadine - In: Journal of international money and finance 59 (2015), pp. 23-48

Persistent link: https://www.econbiz.de/10011478283

Home is where the equity is : mortgage refinancing and household consumption

Hurst, Erik; Stafford, Frank P. - In: Journal of money, credit and banking : JMCB 36 (2004) 6, pp. 985-1014

Persistent link: https://www.econbiz.de/10002565250