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Central banks, trade unions and reputation – is there room for an expansionist manoeuvre in the European Union?
Pusch, Toralf; Heise, Arne - 2008
It is now a few years since the introduction of the common currency, and Europe is still experiencing high unemployment. The conventional logic attributes this problem to strong trade unions and other flaws in the labour market. This article takes a different approach. Using a game theoretic...
Persistent link: https://www.econbiz.de/10008663759
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Central banks, trade unions, and reputation : is there room for an expansionist maneuver in the European Union
Pusch, Toralf; Heise, Arne - In: Journal of post-Keynesian economics : JPKE 33 (2010) 1, pp. 105-125
Persistent link: https://www.econbiz.de/10008747782
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Central Bank, Trade Unions and reputation : is there room for an expansionist manoeuvre in the European Union?
Pusch, Toralf; Heise, Arne - In: Market constellation research : a modern governance …, (pp. 117-136). 2011
Persistent link: https://www.econbiz.de/10009388385
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Credibility and intertemporal consistency : a note on strategic macroeconomic policy models
Matsuyama, Kiminori - In: Macroeconomic dynamics 1 (1997) 3, pp. 658-665
Persistent link: https://www.econbiz.de/10001630086
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A repeated game model of monetary union
Dixit, Avinash K. - In: The economic journal : the journal of the Royal … 110 (2000), pp. 759-780
Persistent link: https://www.econbiz.de/10001524747
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Monetary-fiscal interactions and redistribution in small open economies
Motyovszki, Gergö - 2020
Persistent link: https://www.econbiz.de/10012586862
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … regime counteract the deflationary forces during the recession. Moreover, redistribution produces a Pareto improvement under …
Persistent link: https://www.econbiz.de/10012388237
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Distributional consequences of conventional and unconventional monetary policy
Bielecki, Marcin; Brzoza-Brzezina, Michał; Kolasa, Marcin - 2020
Persistent link: https://www.econbiz.de/10012241827
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Monetary policy, financial constraints, and redistribution
Loenser, Christian; Schabert, Andreas - 2020 - Version: March 11, 2020
This paper examines how financial constraints affect redistribution via monetary policy. We explore a novel mechanism …
Persistent link: https://www.econbiz.de/10012270429
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The microfoundation of macroeconomic populism : the effects of economic inequality on public inflation aversion
Kim, Hyunwoo - In: Economics & politics 35 (2023) 1, pp. 65-96
Persistent link: https://www.econbiz.de/10014279824