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A reappraisal of the inflation-unemployment tradeoff.
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - Kiel Institute for the World Economy - 2005
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to staggered wage contracts with time discounting), the...
Persistent link: https://www.econbiz.de/10008520206
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Ausmaß und reale Konsequenzen nach unter starrer Nominallöhne. Eine Untersuchung für den deutschen Arbeitsmarkt
Bläs, Barno - Wirtschaftswissenschaftliche Fakultät, Universität … - 2006
Dieser Beitrag analysiert die Existenz und das Ausmaß nach unten starrer Nominallöhne, sowie deren realwirtschaftliche Implikationen für den deutschen Arbeitsmarkt. Unter Verwendung von drei alternativen Modellvarianten für die proportionale Abwärtsnominallohnrigidität wurde auf Grundlage...
Persistent link: https://www.econbiz.de/10005176947
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Does Immigration Affect the Phillips Curve? Some Evidence for Spain
Bentolila, Samuel; Dolado, Juan J.; Jimeno, Juan F - Institute for the Study of Labor (IZA) - 2007
Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives’ and immigrants …’ labour supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10005233738
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Does immigration affect the Phillips curve? Some evidence for Spain
Bentolila, Samuel; Dolado, Juan J.; Jimeno, Juan F. - Banco de España - 2008
Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives' and immigrants …' labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10005022293
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Does Immigration Affect the Phillips Curve? Some Evidence for Spain
Bentolila, Samuel; Dolado, Juan J.; Jimeno, Juan F - C.E.P.R. Discussion Papers - 2007
Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives’ and immigrants …’ labour supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10005791807
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DOES IMMIGRATION AFFECT THE PHILLIPS CURVE? SOME EVIDENCE FOR SPAIN
Bentolila, Samuel; Dolado, Juan J.; Jimeno, Juan F. - Centro de Estudios Monetarios y Financieros (CEMFI) - 2007
Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives’ and immigrants …’ labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10005827077
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Does Immigration Affect the Phillips Curve? Some Evidence for Spain
Bentolila, Samuel; Dolado, Juan Jose; Jimeno, Juan F. - CESifo - 2007
Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives’ and immigrants …’ labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10005765714
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Does Immigration Affect the Phillips Curve? Some Evidence for Spain
Bentolila, Samuel; Dolado, Juan J.; Jimeno, Juan F. - Institut für Weltwirtschaft (IfW) - 2007
flatter. We argue that this favorable evolution is largely due to the huge rise in the immigration rate, from 1% of the … population in 1994 to 9.3% in 2006. We derive a New Keynesian Phillips curve accounting for the e¤ects of immigration, a variable … curve for Spain since 1980 and find that while the fall in unemployment over the last 8 years comes along with an increase …
Persistent link: https://www.econbiz.de/10005700648
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Integration ist planbar. Wie gehen Gesellschaften mit ihren Einwanderern um? Über Chancen und Risiken der unterschiedlichen Integrationsmodelle
Hinrichs, Wilhelm - In: EconStor Open Access Articles (2005), pp. 96-97
Vorgestellt und kurz diskutiert werden vier denkbare Grundmodelle staatlich gesteuerter Integration von Immigranten: Multikulturalismus, Assimilation, Konfliktmodell, "universalistisches" Modell. Die wesentlichen Vor- und Nachteile werden vergleichend abgewogen.
Persistent link: https://www.econbiz.de/10011252509
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Selective Immigration Policies: Point System versus Auction Model
Ochel, Wolfgang - In: CESifo Forum 2 (2001) 2, pp. 48-52
Persistent link: https://www.econbiz.de/10005013178