A leading proximate explanation for plunging employment during the Great Recession is plummeting demand for goods. According to this Keynesian labor demand hypothesis, when producers face unexpect-edly low demand for their goods they respond by laying off work
Abstract: We embed skill obsolescence and endogenous growth into a New Keynesian model with search-a...
The perspective of modern macroeconomic theory, be it new classical or old and new Keynesian, is tha...
Four years after the beginning of the Great Recession, the labor market remains historically weak. M...
According to the textbook Keynesian model, short-run demand for labor is sensitive to the demand for...
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recess...
This paper proposes a New Keynesian model with search and matching frictions in the labor market tha...
This paper proposes a theory in which aggregate shocks also produce idiosyncratic risk which in turn...
Kingdom. In the United States, lower output and income is exclusively due to a large decline in labo...
In response to the Great Recession, the federal government spent hundreds of billions of dollars in ...
The authors embed human capital-based endogenous growth into a New-Keynesian model with search and m...
The last eight years have been disastrous for many workers, and particularly so for those with low h...
The Great Recession was the most severe recession experienced by the U.S. since the Great Depression...
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recess...
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recess...
In Keynesian Economics unemployed workers stop their work as well as their consumption of goods. The...
Abstract: We embed skill obsolescence and endogenous growth into a New Keynesian model with search-a...
The perspective of modern macroeconomic theory, be it new classical or old and new Keynesian, is tha...
Four years after the beginning of the Great Recession, the labor market remains historically weak. M...
According to the textbook Keynesian model, short-run demand for labor is sensitive to the demand for...
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recess...
This paper proposes a New Keynesian model with search and matching frictions in the labor market tha...
This paper proposes a theory in which aggregate shocks also produce idiosyncratic risk which in turn...
Kingdom. In the United States, lower output and income is exclusively due to a large decline in labo...
In response to the Great Recession, the federal government spent hundreds of billions of dollars in ...
The authors embed human capital-based endogenous growth into a New-Keynesian model with search and m...
The last eight years have been disastrous for many workers, and particularly so for those with low h...
The Great Recession was the most severe recession experienced by the U.S. since the Great Depression...
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recess...
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recess...
In Keynesian Economics unemployed workers stop their work as well as their consumption of goods. The...
Abstract: We embed skill obsolescence and endogenous growth into a New Keynesian model with search-a...
The perspective of modern macroeconomic theory, be it new classical or old and new Keynesian, is tha...
Four years after the beginning of the Great Recession, the labor market remains historically weak. M...