Monetary Policy Under Labor Market Power /

Monetary Policy Under Labor Market Power /

Using the near universe of online vacancy postings in the U.S., we study the interaction between labor market power and monetary policy. We show empirically that labor market power amplifies the labor demand effects of monetary policy, while not disproportionately affecting wage growth. A search and...

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Dades bibliogràfiques
Autor principal:	Burya, Anastasia
Altres autors:	Mano, Rui, Timmer, Yannick, Weber, Anke
Format:	Revista
Idioma:	English
Publicat:	Washington, D.C. : International Monetary Fund, 2022.
Col·lecció:	IMF Working Papers; Working Paper ; No. 2022/128
Matèries:	Employment Interest Rates Labor Demand Monetary Policy Unemployment
Accés en línia:	Full text available on IMF

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