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...

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Chi tiết về thư mục
Tác giả chính: Garibaldi, Pietro
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1997.
Loạt:IMF Working Papers; Working Paper ; No. 1997/057
Truy cập trực tuyến:Full text available on IMF