Showing 1 - 10 of 10
countries. Consistently with the theory, countries that experienced an employ- ment protection liberalization witnessed a …
Persistent link: https://www.econbiz.de/10014080788
variations in world real interest rates. We show that, in the data, lower real interest rates lead to lower productivity only in …
Persistent link: https://www.econbiz.de/10012906263
This paper shows that the change in the occupational composition of the labor market in favour of non-routine jobs -i.e. job polarization- flattens the price Phillips Curve (PC). Using data from the European Monetary Union and exploiting the fact that job polarization accelerates during...
Persistent link: https://www.econbiz.de/10013222007
Persistent link: https://www.econbiz.de/10014336793
The paper re-investigates the effects of government spending shocks on the real exchange rate and inflation, using US data. In opposition to some previous puzzling results, we find that an increase in government spending appreciates the real exchange rate and generates inflationary pressures....
Persistent link: https://www.econbiz.de/10013233573
The paper re-investigates the effects of government spending shocks on the real exchange rate and inflation. In contrast with some previous puzzling results, we find that an increase in government spending appreciates the real exchange rate and is inflationary; besides, it induces a trade...
Persistent link: https://www.econbiz.de/10012843055
rest of the world. The model features constrained and unconstrained non-Ricardian households and a detailed government …
Persistent link: https://www.econbiz.de/10012958346
Persistent link: https://www.econbiz.de/10013473121
Persistent link: https://www.econbiz.de/10014527204
Persistent link: https://www.econbiz.de/10015046399