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~institution:"National Bureau of Economic Research"
~language:"eng"
~subject:"Impact assessment"
~subject:"Neoclassical synthesis"
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Impact assessment
Neoclassical synthesis
Business cycle
98
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98
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95
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95
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37
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37
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36
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2
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COVID-19: Impact on the Economy and Central Bank Policies <Veranstaltung> <2020, Online>
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ECONIS (ZBW)
49
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1
State Dependent Government Spending Multipliers : Downward Nominal Wage Rigidity and Sources of
Business
Cycle Fluctuations
Jo, Yoon J.
;
Zubairy, Sarah
-
National Bureau of Economic Research
-
2022
We consider a New Keynesian model with downward nominal wage rigidity (DNWR) and show that government spending is much more effective in stimulating output in a low-inflation recession relative to a high-inflation recession. The government spending multiplier is large when DNWR binds, but the...
Persistent link: https://www.econbiz.de/10013210053
Saved in:
2
Inequality and
Business
Cycles
Bilbiie, Florin Ovidiu
;
Primiceri, Giorgio E.
; …
-
National Bureau of Economic Research
-
2023
We quantify the connection between inequality and
business
cycles in a medium-scale New Keynesian model with tractable …
Persistent link: https://www.econbiz.de/10014372486
Saved in:
3
Micro Jumps, Macro Humps : Monetary Policy and
Business
Cycles in an Estimated HANK Model
Auclert, Adrien
-
2020
investment shocks, leading our model to infer a central role for these shocks as a source of
business
cycles …
Persistent link: https://www.econbiz.de/10012479171
Saved in:
4
Digital
Economics
Goldfarb, Avi
-
2017
, computation, and transmission of data. Research on digital
economics
examines whether and how digital technology changes economic …
Persistent link: https://www.econbiz.de/10012454998
Saved in:
5
The History and
Economics
of Safe Assets
Gorton, Gary B.
-
2016
Safe assets play a critical role in an(y) economy. A "safe asset" is an asset that is (almost always) valued at face value without expensive and prolonged analysis. That is, by design there is no benefit to producing (private) information about its value. And this is common knowledge....
Persistent link: https://www.econbiz.de/10012456465
Saved in:
6
Inequality,
Business
Cycles, and Monetary-Fiscal Policy
Bhandari, Anmol
-
2018
We study optimal monetary and fiscal policy in a model with heterogeneous agents, incomplete markets, and nominal rigidities. We develop numerical techniques to approximate Ramsey plans and apply them to a calibrated economy to compute optimal responses of nominal interest rates and labor tax...
Persistent link: https://www.econbiz.de/10012453010
Saved in:
7
Robots Are Us : Some
Economics
of Human Replacement
Benzell, Seth G.
-
2015
of work, or at least out of good work, also put the economy out of
business
? Our model says yes. Under the right …
Persistent link: https://www.econbiz.de/10012457725
Saved in:
8
People, Places and Public Policy : Some Simple Welfare
Economics
of Local Economic Development Programs
Kline, Patrick
-
2013
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10012459003
Saved in:
9
Business
Cycles, Investment Shocks, and the "Barro-King" Curse
Ascari, Guido
-
2016
Recent empirical evidence identifies investment shocks as key driving forces behind
business
cycle fluctuations … the "Barro-King curse" (Barro and King 1984), wherein models with a real
business
cycle core must rely on technology … provide a more accurate account of unconditional
business
cycle comovements more generally. These two features substantially …
Persistent link: https://www.econbiz.de/10012455739
Saved in:
10
Putting the Cycle Back into
Business
Cycle Analysis
Beaudry, Paul
-
2016
-studied cyclical phenomena at the long end of the
business
cycle, and we ask how best to explain it. In particular, we explore whether …
Persistent link: https://www.econbiz.de/10012455855
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