This paper explores the role that the imperfect knowledge of the structure of the economy plays in the uncertainty surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian model averaging procedure on a wide range of models...

This paper explores the role that the imperfect knowledge of the structure of the economy plays in the uncertainty surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian model averaging procedure on a wide range of models...

Using a unique survey of almost 2,000 Czech and Slovak medical students run in 2020 and 2021, the paper investigates whether gender inequality and stereotypes as proxied by the gender unemployment rate gap drive students' choices of specialities. The data suggest that the higher the gender...