We show how on-the-job search and the propagation of shocks to the economy are intricately linked. Rising search by …

We show how on-the-job search and the propagation of shocks to the economy are intricately linked. Rising search by …

invest when the aggregate demand is high. This causes a propagation of investment across sectors. When the investment follows … an (S,s) policy, the propagation size can exhibit a significant fluctuation. We characterize the probability distribution … of the propagation size, and show that its variance can be large enough to match the observed investment fluctuations. We …

Given the present economic situation the subject regarding the propagation mechanisms of financial crisis is of present … interest. In these mechanisms, investor behaviour seems to be one of the propagation’s causes, and that’s why we think that the … propagation using the example of the Romanian capital market and we’ll try to identify the types of investor behaviour on this …

invest when the aggregate demand is high. This causes a propagation of investment across sectors. When the investment follows … an (S,s) policy, the propagation size can exhibit a significant fluctuation. We derive the probability distribution of … the propagation size, and show that its variance can be large enough to match the observed investment fluctuations. We …

important propagation mechanism in a dynamic stochastic general equilibrium model, as the current labour supply affects future …

Does it matter for the propagation mechanism following nominal shocks whether nominal rigidities are specified as … persistence pattern. Specifically, nominal wage and price rigidities are equivalent "impact adjusted" propagation mechanisms …