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Crump, Richard K.; Nekarda, Christopher J.; … - 2020

This paper discusses various concepts of unemployment rate benchmarks that are frequently used by policymakers for … particular, we propose two broad categories of unemployment rate benchmarks: (1) a longer-run unemployment rate expected to … prevail after adjusting to business cycle shocks and (2) a stable-price unemployment rate tied to inflationary pressures. We …

Persistent link: https://www.econbiz.de/10012389411

Measuring the macroeconomic impact of monetary policy at the zero lower bound

Wu, Jing Cynthia; Xia, Fan Dora - In: Journal of money, credit and banking : JMCB 48 (2016) 2/3, pp. 253-291

Persistent link: https://www.econbiz.de/10011516531

Reading a central banker's preference : a non parametric regression approach

Park, Cheolbeom; Park, Sookyung - 2020

Persistent link: https://www.econbiz.de/10014335317

Tracking a central banker's preference : a nonparametric regression approach

Park, Cheolbeom; Park, Sookyung - In: Bulletin of economic research 74 (2022) 1, pp. 291-307

Persistent link: https://www.econbiz.de/10012819455

Comment on Rudebusch and Williams, "a wedge in the dual mandate : monetary policy and long-term unemployment"

Lothian, James R. - In: Journal of macroeconomics 47 (2016), pp. 19-25

Persistent link: https://www.econbiz.de/10011709173

Should we reject the natural rate hypothesis?

Blanchard, Olivier - 2017

Persistent link: https://www.econbiz.de/10011803584

A misguided monetary policy at the basis of the European unemployment

Modigliani, Franco; Ceprini, Marialuisa - In: The new welfare : unemployment and social security in Europe, (pp. 5-22). 2003

Persistent link: https://www.econbiz.de/10001769899

Alla base della disoccupazione europea un'ingannevole politica monetaria

Modigliani, Franco; Ceprini, Marialuisa - In: Rivista di politica economica 90 (2000) 7/8, pp. 5-23

Persistent link: https://www.econbiz.de/10001823395

The effects of monetary policy on unemployment dynamics under model uncertainty : evidence from the US and the Euro area

Altavilla, Carlo; Ciccarelli, Matteo - 2009

surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian … policy ; model uncertainty ; Bayesian model averaging ; unemployment gap ; Taylor rule …

Persistent link: https://www.econbiz.de/10003813633

The costs of NAIRUvianism

Storm, Servaas; Naastepad, Carola W. M. - In: Challenge 52 (2009) 5, pp. 55-76

Persistent link: https://www.econbiz.de/10003883095