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Economic fluctuations in a labor market with heterogeneous agents
Khalifa, Sherif - 2006
Persistent link: https://www.econbiz.de/10009261385
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Does monetary policy affect relative educational unemployment rates?
Jefferson, Philip N. - In: The American economic review 95 (2005) 2, pp. 76-82
Persistent link: https://www.econbiz.de/10003212881
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Macroeconomic effects of capital tax rate changes
Bhattarai, Saroj; Lee, Jae Won; Park, Woong-yong; Yang, … - 2019
We study aggregate, distributional, and welfare effects of a permanent reduction in the capital tax rate in a dynamic equilibrium model with capital-skill complementarity. Such a tax reform leads to expansionary long-run aggregate effects, but is coupled with an increase in the skill premium....
Persistent link: https://www.econbiz.de/10012002979
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The augmented bank balance-sheet channel of monetary policy
Schlosser, Analia; Shanan, Yannay - 2022
Persistent link: https://www.econbiz.de/10012820119
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The single monetary policy and domestic macro-fundamentals : evidence from Spain
Arghyrou, Michael Georgiou (contributor);  … - 2008
the ECB since 1999 with Spanish macrofundamentals. We find that in the 1990s Spain implemented successfully a monetary … sub-optimal monetary policy. Spain's experience suggests a cautious approach with regards to the timing of further EMU … enlargement. -- Spain ; ECB ; monetary policy ; domestic fundamentals ; compatibility …
Persistent link: https://www.econbiz.de/10003766104
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The macroeconomic consequences of EMU : international evidence from a DSGE model
Jerger, Jürgen - 2009
policy did not change in Germany, unlike in France and Spain. Specifically, the impact of inflation on interest rates …
Persistent link: https://www.econbiz.de/10003890348
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The macroeconomic consequences of EMU : international evidence from a DSGE model
Jerger, Jürgen; Röhe, Oke - 2009
Persistent link: https://www.econbiz.de/10003908266
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The effectiveness of the ECB’s asset purchase programs of 2009 to 2012
Gibson, Heather D.; Hall, Stephen G.; Tavlas, George S. - 2015
Persistent link: https://www.econbiz.de/10011391712
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Central banks, macroprudential policy and the Spanish experience
Alberola, Enrique; Trucharte, Carlos; Vega Croissier, … - In: The great recession : lessons for central bankers ; …, (pp. 99-121). 2013
Persistent link: https://www.econbiz.de/10009729163
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Rethinking potential output : embedding information about the financial cycle
Borio, Claudio E. V.; Disyatat, Piti; Juselius, Mikael - 2013
This paper argues that incorporating information about the financial cycle is important to improve measures of potential output and output gaps. Conceptually, identifying potential output with non-inflationary output is too restrictive. Potential output is seen as sustainable; yet experience...
Persistent link: https://www.econbiz.de/10009735518