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Employment distortions under sticky wages and monetary policies to minimize them
Hoehn, James G. - In: Economic review 25 (1989) 2, pp. 22-34
Persistent link: https://www.econbiz.de/10001073448
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Inductive risk in macroeconomics : Natural Rate Theory, monetary policy, and the Great Canadian Slump
Contessa, Gabriele - In: Economics and philosophy 37 (2021) 3, pp. 353-375
Persistent link: https://www.econbiz.de/10012656741
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Chapter 15 Staggered price and wage setting in macroeconomics
Taylor, John B. - In: Handbook of macroeconomics : volume 1, part B, (pp. 1009-1050). 1999
This chapter reviews the role of temporary price and wage rigidities in explaining of the dynamic relationship between money, real output, and inflation. The key properties to be explained are that monetary shocks have persistent, but not permanent, effects on real output, and that the...
Persistent link: https://www.econbiz.de/10014024230
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Are earthquakes needed to shake economics?
Schettkat, Ronald - 2010
–“natural rate theory”- dominated interpretations of economic trends and policy prescriptions since the 1970s. Public policy …. Economic trends were filtered through the lens of the “natural rate theory,” focusing on labor market institutions only and … confronts the economic trends with the interpretations of the “natural rate theory” and argues that they hardly fitting the …
Persistent link: https://www.econbiz.de/10008651698
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Monetary and fiscal policies in the Euro-area : macro modelling, learning and empirics
Semmler, Willi; Greiner, Alfred; Zhang, Wenlang - 2005 - 1. ed.
Persistent link: https://www.econbiz.de/10002573027
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Labour's loss : why macroeconomics matters
Storm, Servaas - In: PSL quarterly review 74 (2021) 299, pp. 249-285
Electoral support for social democracy in Western Europe is in free fall. The implosion of social democracy is largely self- inflicted, because 'Third Way' social democracy alienated its traditional supporters by (a) a deliberate move to the non- reformist, status-quo oriented macroeconomics of...
Persistent link: https://www.econbiz.de/10013175133
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The reform of macroeconomic policy : from stagflation to low or zero inflation
Perkins, James Oliver Newton - 2000 - 1. publ.
Persistent link: https://www.econbiz.de/10001408608
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Monetary Policy and the German Unemployment Problem in Macroeconomic Models : Theory and Evidence
Gottschalk, Jan (contributor) - 2005
Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past … business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different …
Persistent link: https://www.econbiz.de/10014014221
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Monetary policy and the German unemployment problem in macroeconomic models : theory and evidence
Gottschalk, Jan - 2005
Persistent link: https://www.econbiz.de/10002678278
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On the efficiency of monetary and fiscal policy in open economies
Wang, Chan; Zou, Heng-fu - In: Annals of economics and finance 14 (2013) 1, pp. 179-206
Persistent link: https://www.econbiz.de/10009756927