replicate many important stylized facts of the business cycle. The reactions to monetary and real shocks become much more …

replicate many important stylized facts of the business cycle. The reactions to monetary and real shocks become much more …

replicate many important stylized facts of the business cycle. The reactions to monetary and real shocks become much more …

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence … of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working …

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence … of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working …