Short-Term Pain for Long-Term Gain: Market Deregulation and Monetary Policy in Small Open Economies
收藏NBER2015-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21784
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资源简介：
This paper explores the effects of labor and product market reforms in a New Keynesian, small open economy model with labor market frictions and endogenous producer entry. We show that it takes time for reforms to pay off, typically at least a couple of years. This is partly because the benefits
提供机构：
美国国家经济研究局
创建时间：
2015-12-01
