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Monopolistic competition, business cycles, and the composition of aggregate demand

Galí, Jordi - In: Journal of economic theory 63 (1994) 1, pp. 73-96

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Uncovered interest parity, forward guidance and the exchange rate

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The science of monetary policy : a new Keynesian perspective

Galí, Jordi; Clarida, Richard H.; Gertler, Mark - 1999 - Rev

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Learning, macroeconomic dynamics and the term structure of interest rates

Dewachter, Hans; Lyrio, Marco - In: Asset prices and monetary policy, (pp. 191-238). 2008

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The vanishing procyclicality of labor productivity

Galí, Jordi; Rens, Thijs van - 2010 - rev.

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The vanishing procyclicality of labor productivity

Galí, Jordi; Rens, Thijs van - 2010

We document three changes in postwar US macroeconomic dynamics: (i) the procyclicality of labor productivity has vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real wage has risen. We propose an explanation for all three...

Persistent link: https://www.econbiz.de/10003996447