Results 21 to 30 of about 74,744 (44)
Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation
Olivier Coibion, Y. Gorodnichenko
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The Short- and Long-Term Career Effects of Graduating in a Recession
P. Oreopoulos +2 more
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Understanding the Great Recession
Lawrence J. Christiano +2 more
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Real Business Cycles in Emerging Countries?
Javier Garcia Cicco +2 more
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The American Economic Review, 2023
The reversal interest rate is the rate at which accommodative monetary policy reverses and becomes contractionary for lending. We theoretically demonstrate its existence in a macroeconomic model featuring imperfectly competitive banks that face financial
Joseph Abadi +2 more
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The reversal interest rate is the rate at which accommodative monetary policy reverses and becomes contractionary for lending. We theoretically demonstrate its existence in a macroeconomic model featuring imperfectly competitive banks that face financial
Joseph Abadi +2 more
semanticscholar +1 more source
When Losses Turn into Loans: The Cost of Weak Banks
The American Economic Review, 2023We provide evidence that banks distort the composition of credit supply in order to comply with ratio-based capital requirements in times of economic distress.
Laura Blattner +2 more
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Understanding the Scarring Effect of Recessions
The American Economic Review, 2022This paper documents that the earnings cost of job loss is concentrated among workers who find reemployment in lower-skill occupations, and that the cost and incidence of such occupation displacement is higher for workers who lose their job during a ...
C. Huckfeldt
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The Macroeconomic Effects of Oil Supply News: Evidence from OPEC Announcements
The American Economic Review, 2018This paper studies how changes in oil supply expectations affect the oil price and the macroeconomy. Using a novel identification design, exploiting institutional features of OPEC and high-frequency data, I identify an oil supply news shock. These shocks
D. Känzig
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Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden
Social Science Research NetworkWe analyze a monetary quasi–experiment in Sweden from 2010–2011, when the Riksbank raised the interest rate substantially. We argue that this increase was beyond what labor market conditions warranted, driven instead by new concerns about financial ...
J. Coglianese +2 more
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An American Macroeconomic Picture: Supply and Demand Shocks in the Frequency Domain
American Economic Journal: MacroeconomicsWe provide a few new empirical facts that theoretical models should feature in order to be consistent with the data. (i) There are two classes of shocks: demand and supply.
Mario Forni +4 more
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