Market reforms at the zero lower bound
"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 r...
Main Authors: | Cacciatore, Matteo, Duval, Romain, Fiori, Giuseppe, Ghironi, Fabio |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Washington, DC
2017
IMF |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19396537124911147199-Market-reforms-at-the-zero-low.htm |
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