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The Oscar goes to … robots or humans? : Competition in a directed technical change model with monetary policy

Afonso, Oscar - In: Economics of innovation and new technology 32 (2023) 3, pp. 323-342

Persistent link: https://www.econbiz.de/10014290505

Territorial comparative advantage, wage inequality, and monetary policy in the global world

Afonso, Oscar; Gil, Pedro Mazeda - In: Journal of international money and finance 143 (2024), pp. 1-23

Persistent link: https://www.econbiz.de/10014551365

Growth and wage effects of the monetary policy

Afonso, Oscar - In: International journal of finance & economics : IJFE 27 (2022) 4, pp. 4058-4084

Persistent link: https://www.econbiz.de/10013461308

Monetary policy and regional inequality

De Groot, Oliver; Hauptmeier, Sebastian; Holm-Hadulla, … - 2023

Persistent link: https://www.econbiz.de/10014328797

Endogenous Growth, Skill Obsolescence and Optimal Monetary Policy

Tesfaselassie, Mewael; Lechthaler, Wolfgang - 2022

We analyze Ramsey optimal monetary policy in a New-Keynesian model withsearch and matching frictions featuring (i) training costs due to skill loss fromlong-term unemployment and (ii) endogenous growth through learning-by-doingexternalities. In a simplified two-period version of the model, the...

Persistent link: https://www.econbiz.de/10013312591

Labour market skills, endogenous productivity and business cycles

Abbritti, Mirko; Consolo, Agostino - 2022

This paper analyses how labour market heterogeneity affects unemployment, productivity and business cycle dynamics that are relevant for monetary policy. The model matches remarkably well the short and long run dynamics of skilled and unskilled workers. Skill mismatch and skill-specific labour...

Persistent link: https://www.econbiz.de/10012880717

Price stability and debt sustainability under endogenous trend growth

Schmöller, Michaela; McClung, Nigel - 2024

inflation in order to stabilize the expectations of households, firms and innovators. Endogenous growth provides a self … debt-stabilizing inflation when current fiscal deficits are not backed by future fiscal surpluses. Because growth creates … unique stable equilibrium, provided that the policy permits r−g to fall with inflation. …

Persistent link: https://www.econbiz.de/10014457581

Endogenous technology, scarring and fiscal policy

Schmöller, Michaela - 2022

This paper studies fiscal policy in a New Keynesian DSGE model with endogenous technology growth in which scarring can occur endogenously through hysteresis effects in TFP. Both demand- and supply-driven recessions can weaken investment in R&D and technology adoption, thus depressing the...

Persistent link: https://www.econbiz.de/10013463787

Explaining declining business dynamism : a monetary growth-theoretic approach

Furukawa, Yuichi; Lai, Tat-Kei; Niwa, Sumiko - 2021 - Revised: September 2021

Persistent link: https://www.econbiz.de/10014394224

Growth and the effects of inflation

Jones, Larry E. - In: Journal of economic dynamics & control 19 (1995) 8, pp. 1405-1428

Persistent link: https://www.econbiz.de/10001188033

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