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On the External Validity of Experimental Inflation Forecasts : A Comparison with Five Categories of Field Expectations
Cornand, Camille - 2019
Establishing the external validity of experimental inflation forecasts is essential if laboratory experiments are to be used as decision-making tools for monetary policy. Our contribution is to document whether different measures of inflation expectations, based on various categories of agents...
Persistent link: https://www.econbiz.de/10012897871
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Was (English) Canada Poorer than the United States? Living Standards Circa 1830 to Circa 1845
Geloso, Vincent; Macera, Gonzalo - 2018
This paper uses the censuses of 1842 of Canada East (modern day Quebec) and Canada West (modern day Ontario) to help … explain the historical differences in living standards between Canada and the United States. The argument made in this paper … is that Canada East was substantially poorer than the rest of Canada. The wage and price data contained in the censuses …
Persistent link: https://www.econbiz.de/10014111131
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European Money Market Funds : A Comparative Analysis of U.S. And European De Facto and De Jure Micro-Processes
Baklanova, Viktoria - 2013
This Article presents European money market funds from multiple dimensions and shows the diversity of these funds — a diversity rooted in the historical developments of diverse European financial markets. The events of the financial crisis and liquidity squeeze confronting European money...
Persistent link: https://www.econbiz.de/10013074083
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Has the Asymmetric Effect of Oil Price Volatility in Inflation Expectations Been Impacted by the COVID-19 Outbreak? A Comparison between the United States and China
Nie, Qing - 2022
This paper applies ARDL and Nonlinear ARDL models to long-term inflation targeting policy mechanisms in the United States and China to assess the impact of oil price dynamics and asymmetries on inflation expectations in the two countries, as well as the difference of this impact before and after...
Persistent link: https://www.econbiz.de/10013289383
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Searching for innovation in market and transition economies : evidence across Europe
Sofka, Wolfgang; Grimpe, Christoph - 2009
Searching for externally available knowledge has been characterized as a vital part of the innovation process. The availability of such innovation impulses, however, critically depends on the environment a firm is operating in. Little is known on how institutional infrastructures for innovation...
Persistent link: https://www.econbiz.de/10003888010
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Social contracts and occupational choice
Bentolila, Samuel; Michelacci, Claudio; Suárez, Javier - In: Economica 77 (2010), pp. 20-45
Persistent link: https://www.econbiz.de/10003947674
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Japan's labor market cyclicality and the volatility puzzle
Esteban-Pretel, Julen; Nakajima, Ryo; Tanaka, Ryuichi - 2011
The search and matching model has recently come under criticism for its inability to account for some of the cyclical properties of the U.S. labor market. Shimer (2005) has shown that the basic version of the model is incapable of reproducing the volatility of the market tightness for reasonable...
Persistent link: https://www.econbiz.de/10009154532
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An explanation of international differences in education and workplace training
Brunello, Giorgio; Medio, Alfredo - 2000
We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...
Persistent link: https://www.econbiz.de/10011325670
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Firms and flexibility
Hobijn, Bart; Şahin, Ayşegül - In: Economic inquiry : journal of the Western Economic … 51 (2013) 1, pp. 922-940
Persistent link: https://www.econbiz.de/10009753815
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Equilibrium in the labor market with search frictions
Pissaridēs, Christophoros A. - In: The American economic review 101 (2011) 4, pp. 1092-1105
Persistent link: https://www.econbiz.de/10009232519