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After an expansionary monetary policy shock employment increases and unemployment falls. In standard New Keynesian …
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respond to a supply shock in the opposite direction compared to normal times. We introduce a tractable two-country model to …
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respond to a supply shock in the opposite direction compared to normal times. We introduce a tractable two-country model to …
Persistent link: https://www.econbiz.de/10012453006
respond to a supply shock in the opposite direction compared to normal times. We introduce a tractable framework to …
Persistent link: https://www.econbiz.de/10012916610
wisdom about the effects of monetary policy shock. …
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