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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Burya, Anastasia
Awduron Eraill: Mano, Rui, Timmer, Yannick, Weber, Anke
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2022.
Cyfres:IMF Working Papers; Working Paper ; No. 2022/128
Pynciau:
Mynediad Ar-lein:Full text available on IMF