Market Reforms at the Zero Lower Bound
收藏NBER2017-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23960
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资源简介：
This paper studies the impact of product and labor market reforms when the economy faces major slack and a binding constraint on monetary policy easing---such as the zero lower bound. To this end, we build a two-country model with endogenous producer entry, labor market frictions, and nominal
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美国国家经济研究局创建时间：
2017-10-01
