[HTML][HTML] The scars of supply shocks: Implications for monetary policy

L Fornaro, M Wolf - Journal of Monetary Economics, 2023 - Elsevier
We study the effects of supply disruptions-for instance due to energy price shocks or the
emergence of a pandemic-in an economy with Keynesian unemployment and endogenous …

A note on temporary supply shocks with aggregate demand inertia

RJ Caballero, A Simsek - American Economic Review: Insights, 2023 - aeaweb.org
We study optimal monetary policy during temporary supply contractions when aggregate
demand has inertia and the central bank is concerned about future constraints on …

Job Polarisation, Labour Market Fluidity and the Flattening of the Phillips Curve

D Siena, R Zago - The Economic Journal, 2024 - academic.oup.com
This paper shows that job polarisation—ie, the disappearance of routine jobs—is changing
the characteristics of the labour market. This has structural implications for the relationship …

[图书][B] Monetary Policy under Labor Market Power

A Burya, RC Mano, Y Timmer, A Weber - 2022 - aeaweb.org
Using the near universe of online vacancy postings in the US, we study the interaction
between labor market power and monetary policy. We show empirically that labor market …

[PDF][PDF] Robot adoption and inflation dynamics

H Basso, O Rachedi - 2023 - economics.uc3m.es
We leverage variation in robot adoption across US metropolitan areas to document that
automation reduces the sensitivity of inflation to unemployment. A New Keynesian model …

Bigtech credit and monetary policy transmission: Micro-level evidence from China

Y Huang, X Li, H Qiu, C Yu - 2023 - papers.ssrn.com
This paper studies monetary policy transmission through BigTech and traditional banks. By
comparing business loans made by a BigTech bank with those made by traditional banks, it …

[PDF][PDF] Capital Replacement and Innovation Dynamics

F Bertolotti, A Lanteri - 2024 - congress-files.s3.amazonaws.com
We analyze the interactions between the dynamics of capital replacement and the evolution
of technology embodied in capital. US data show positive comovement between aggregate …

Bigtech credit, small business, and monetary policy transmission: Theory and evidence

Y Huang, X Li, H Qiu, D Su, C Yu - 2024 - econstor.eu
This paper provides both theoretical and empirical analyses of the differences between
BigTech lenders and traditional banks in response to monetary policy changes. Our model …

[PDF][PDF] UK outlook: Fallout

B Nabarro - 2023 - econstor.eu
UK outlook: Fallout Page 1 Nabarro, Ben Research Report UK outlook: Fallout IFS Report, No.
R278 Provided in Cooperation with: Institute for Fiscal Studies (IFS), London Suggested …

[图书][B] Essays In Effects of Market Power

A Burya - 2023 - search.proquest.com
Essays In Effects of Market Power Anastasia Burya Submitted in partial fulfillment of the
requirements for the degree of Doctor Page 1 Essays In Effects of Market Power Anastasia …