employment shock on employment levels, unemployment rates and participation rates we perform an analysis based on Blanchard and …

Using results from two contingent valuation surveys conducted in Canada and the U.S., we explore the effect of a … respondents in both samples aged 40 to 60 years. Additionally, we estimate implicit discount rates equal to 8% for Canada and 4 …

shock has remained fairly stable. Simulations from a non-linear DSGE model suggest that these empirical results are …

the models parameters. I estimate the effects of a monetary policy shock in the United States using the proposed algorithm …