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pro vyhledávání: '"Obstbaum, Meri"'
In this paper we analyze features of the recent business cycle with a New Keynesian small open economy DSGE model with labour market frictions and wage rigidity. The model complements the existing analytical tools of the Bank of Finland by enabling d
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::1dda85d913cfd30e506dd860fa942d8e
https://hdl.handle.net/10419/271184
https://hdl.handle.net/10419/271184
Population ageing constitutes a central challenge to Finland. Understanding the Finnish economy's likely future trajectory and the key sources of growth is important for the design of policies to counteract these adverse long-term trends. For this pu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::1d321403e9a12cf29f52185758797495
https://hdl.handle.net/10419/248454
https://hdl.handle.net/10419/248454
Autor:
Obstbaum, Meri
This paper shows how frictions in the labour market shape the responses of the economy to government spending shocks. The open economy New Keynesian DSGE model is extended by labour market frictions of the Mortensen-Pissarides type and a detailed des
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1687::222be7c6f175c94de26e805bb66de315
https://hdl.handle.net/10419/212195
https://hdl.handle.net/10419/212195