Showing 1 - 10 of 18,302
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10013308104
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10013308254
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10013308255
:After a monetary or fiscal expansion there will always be a temporary increase in the production and employment, even if … be not only a temporary short-term increase in the production and employment, but furthermore a permanent long-term one … fixed long-term production reflecting a fixed full employment level underlies the conventional theory, unless a long …
Persistent link: https://www.econbiz.de/10013053400
paper is threefold: first, we show that the model provides a good fit for employment and unemployment volatility, as well as … volatility of employment and unemployment. Finally, we show the role of search costs in shaping those results. -- matching …
Persistent link: https://www.econbiz.de/10009157609
We incorporate a participation decision in a standard New Keynesian model with matching frictions and show that treating the labor force as constant leads to incorrect evaluation of alternative policies. We also show that the presence of a participation margin mitigates the Shimer critique.
Persistent link: https://www.econbiz.de/10010254334
In this paper, we provide compelling evidence that cyclical factors account for the bulk of thepost-2007 decline in the U.S. labor force participation rate. We then proceed to formulate astylized New Keynesian model in which labor force participation is essentially acyclical during“normal...
Persistent link: https://www.econbiz.de/10013061162
amplifies fluctuations in unemployment and results in excess unemployment volatility relative to the efficient allocation …. Recessions disproportionately affect lowproductivity workers, whose unemployment spells are inefficiently frequent and long. We …-productivity workers. The unemployment consequences are especially severe when nominal interest rates are close to the effective lower …
Persistent link: https://www.econbiz.de/10012318150
This paper analyzes daily patterns in the settlement of payments in the European TARGET2 settlement system using a unique transaction-level data set. For the first time, we provide insights into the intraday patterns of bank-to-bank payments (a subset of all TARGET2 transactions) and identify...
Persistent link: https://www.econbiz.de/10013087930
nowadays fiscal policy can impact on the bank employment in European Union, not neglecting the regulatory bank environment and …
Persistent link: https://www.econbiz.de/10013113346