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higher electricity prices. We examine the effect from changing electricity prices on manufacturing employment. Analyzing firm … employment more than less constrained firms. This implies a potentially mitigating role for monetary policy. …
Persistent link: https://www.econbiz.de/10012511480
higher electricity prices. We examine the effect from changing electricity prices on manufacturing employment. Analyzing firm … employment more than less constrained firms. This implies a potentially mitigating role for monetary policy. …
Persistent link: https://www.econbiz.de/10012499645
Persistent link: https://www.econbiz.de/10003996714
This paper presents theory and evidence on the asymmetric effects of monetary policy on job creation and job ….S. manufacturing industry, and it finds evidence of asymmetry. Tight policy increases job destruction and reduces net employment …
Persistent link: https://www.econbiz.de/10014400386
In most instances, the dynamic response of monetary and other policies to shocks is infrequent and lumpy. The same holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and prices. We show that the standard practice of estimating...
Persistent link: https://www.econbiz.de/10011609531
that the intervention gained employment, wages, and consumption. On the other hand, the gain of the intervention is smaller …
Persistent link: https://www.econbiz.de/10014235661
employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … depends also on labor market fundamentals such as bargaining power and the flows in and out of employment. …
Persistent link: https://www.econbiz.de/10003304975
Persistent link: https://www.econbiz.de/10003866494
employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … depends also on labor market fundamentals such as bargaining power and the flows in and out of employment. -- monetary policy …
Persistent link: https://www.econbiz.de/10003227218
Persistent link: https://www.econbiz.de/10001852756