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Nominal GDP targeting with heterogeneous labor supply

Bullard, James Brian; Singh, Aarti - 2017 - This version: 17 February 2017

We study nominal GDP targeting as optimal monetary policy in a model with a credit market friction following Azariadis, Bullard, Singh and Suda (2018), henceforth ABSS. As in ABSS, the macroeconomy we study has considerable income inequality which gives rise to a large private sector credit...

Persistent link: https://www.econbiz.de/10011691592

Time averaging meets labor supplies of Heckman, Lochner, and Taber

Graves, Sebastian; Gregory, Victoria; Ljungqvist, Lars; … - 2023

Persistent link: https://www.econbiz.de/10014320572

The tax elasticity of capital gains and revenue-maximizing rates

Agersnap, Ole; Zidar, Owen M. - 2020

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Asymmetric labor markets, Southern wages, and the location of firms

Naghavi, Alireza (contributor) - 2005

Persistent link: https://www.econbiz.de/10003359875

Local price variation and labor supply behavior

Black, Dan A. (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003741433

The effect of educational mismatch on wages using European panel data

Iriondo, Iñaki; Pérez Amaral, Teodosio - 2013

This paper analyzes the effect of educational mismatch on wages, using a rich panel dataset of workers in the major …, we find that the wages of people aged under 35 basically depend on the level of education attained, while those of …

Persistent link: https://www.econbiz.de/10009687794