Showing 1 - 10 of 6,917
This paper studies optimal monetary policy responses in an economy featuring sectorial heterogeneity in the frequency of price adjustments. It shows that a central bank facing heterogeneous nominal rigidities is more likely to behave less aggressively than in a fully sticky economy. Hence, the...
Persistent link: https://www.econbiz.de/10011604883
We combine the ideas of the trimmed mean and the Edgeworth index to construct an alternative measure of core inflation named Trim of Most Volatile Components (TMVC). At each point of time this measure trims away the components of the price index, which have been most volatile in the past. TMVC...
Persistent link: https://www.econbiz.de/10010321184
and Canada addresses three questions. First, is there something to explain? We suggest that the existing literature finds …
Persistent link: https://www.econbiz.de/10010269450
that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first …
Persistent link: https://www.econbiz.de/10010270632
Persistent link: https://www.econbiz.de/10010272198
its culture, value orientations and policies. In recent decades the Protestants in both the US and Canada have lost their … Canada jointly until the 2060s taking into consideration changes due to demographic forces, the level and composition of … migration, fertility differentials and intergenerational religious transmissions. The joint focus on both the US and Canada …
Persistent link: https://www.econbiz.de/10010352585
We employ a comprehensive matched employer-employee data set for Brazil to analyze wage determinants and compare … selectivity of Brazilian workers into formal employment. The links between firm performance and wage components in Brazil resemble …
Persistent link: https://www.econbiz.de/10010275905
Persistent link: https://www.econbiz.de/10011695639
Persistent link: https://www.econbiz.de/10010301056
Persistent link: https://www.econbiz.de/10010301092