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Modell mit skill mismatch und endogener Jobzerstörung zu einer längeren erwarteten Dauer des der Arbeitslosigkeit folgenden … Arbeiterflüsse in die Arbeitslosigkeit während einer Rezession der Rückgang der Einstellungsneigung von Firmen ist, was auch aus dem … raising unemployment benefits in a model with endogenous job destruction and skill mismatch leads to a longer expected …
Persistent link: https://www.econbiz.de/10009467002
devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is …
Persistent link: https://www.econbiz.de/10009482289
periods is attributed to the time-varying volatility of shocks. The history for inflation is more nuanced, as a more vigorous …In this paper the authors report the results of the estimation of a rich dynamic stochastic general equilibrium (DSGE …) model of the U.S. economy with both stochastic volatility and parameter drifting in the Taylor rule. They use the results of …
Persistent link: https://www.econbiz.de/10009475410
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …. Our analysis suggests that the US experience of the 1990s - in particular, the falling unemployment at moderate inflation …
Persistent link: https://www.econbiz.de/10009441372
unemployment has been contributed to inflation; the word oil price has contributed to inflation, unemployment and the amount of …The purpose ot this study was to analyze the contribution of unemployment, world oil price, gross domestic product, the … amount of current financial circulation, net-government, rate of interest and exchange rate to the inflation in Indonesia …
Persistent link: https://www.econbiz.de/10009464526
Why do dynamic inconsistencies in monetary policy exist? In this paper we present a traditional model with output inefficiencies, but we allow for monetary policy to be influenced by the various constituencies in the economy, that pressure the Congress to in turn pressure the central bank to...
Persistent link: https://www.econbiz.de/10009472582
that there exists a degree of trade-off between inflation and unemployment. However, since persistent and soaring inflation …This paper examines the major causes of Iran’s unemployment conundrum using a simultaneous-equation model and annual … time series data from 1968 to 2000. It is found that the rate of unemployment responds positively to output gap and …
Persistent link: https://www.econbiz.de/10009457479
influences of economic and financial factors represented by certain indicators (inflation, unemployment, exports as percentage of …
Persistent link: https://www.econbiz.de/10011316257
and inflation rate were not as a result of deregulation, and deregulating price of petroleum products significantly … influence economic growth with marginal inflation. The paper recommends that government should encourage private sector …
Persistent link: https://www.econbiz.de/10011437097
, inflation, balance of payment, foreign investments, and unemployment …
Persistent link: https://www.econbiz.de/10011716413