The Asymmetric Effects of Monetary Policy on Job Creation and Destruction /
This paper presents theory and evidence on the asymmetric effects of monetary policy on job creation and job destruction. First, it solves a dynamic matching model and it shows how interest rate changes result in an asymmetric response of job creation and destruction. Second, it looks at how changes...
| Hoofdauteur: | |
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| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
1997.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 1997/057 |
| Online toegang: | Full text available on IMF |