Market Reforms at the Zero Lower Bound /
This paper studies the impact of product and labor market reforms when the economy faces major slack and a binding constraint on monetary policy easing. such as the zero lower bound. To this end, we build a two-country model with endogenous producer entry, labor market frictions, and nominal rigidit...
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| Kolejni autorzy: | , , |
| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2017.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2017/215 |
| Dostęp online: | Full text available on IMF |