Showing 1 - 10 of 31,841
Persistent link: https://www.econbiz.de/10012429142
In this paper we investigate the impact of the recent US unemployment benefits extension on the labor market dynamic … experiments suggest that, in contrast to the existing literature that ignores the liquidity trap situation, unemployment benefits … expansions cause a wage and inflationary pressure which curb the increase in real interest rate and slightly reduce unemployment …
Persistent link: https://www.econbiz.de/10010251606
Persistent link: https://www.econbiz.de/10011755437
Persistent link: https://www.econbiz.de/10012256833
Persistent link: https://www.econbiz.de/10012819455
Persistent link: https://www.econbiz.de/10014335317
dependent data and allowing for first-step estimation of the propensity score. -- Monetary policy ; propensity score …
Persistent link: https://www.econbiz.de/10003739948
Structural vector-autoregressive models are potentially very useful tools for guiding both macro- and microeconomic policy. In this paper, we present a recently developed method for exploiting non-Gaussianity in the data for estimating such models, with the aim of capturing the causal structure...
Persistent link: https://www.econbiz.de/10003966642
Persistent link: https://www.econbiz.de/10010225406
Persistent link: https://www.econbiz.de/10009268729