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Three essays in macroeconomics

DiCecio, Riccardo - 2004

Persistent link: https://www.econbiz.de/10003386863

Essays on technology, investment, and business cycles

Kawamoto, Takuji - 2004

Persistent link: https://www.econbiz.de/10003383700

How does monetary policy affect labor demand and labor productivity? : monetary policy easing initially supports labor demand, but persistent easing may slow down necessary restruc...

Benito, Andrew - 2017

ease financial pressures also reduce necessary restructuring that normally contributes to productivity growth. One reason … why productivity growth has been weaker in the aftermath of the crisis is that aggressive monetary policy actions have … weakened underlying supply-side performance and labor productivity. …

Persistent link: https://www.econbiz.de/10011669613

Adjustment is much slower than you think

Caballero, Ricardo J.; Engel, Eduardo - 2003

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