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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Burya, Anastasia
Weitere Verfasser: Mano, Rui, Timmer, Yannick, Weber, Anke
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2022.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2022/128
Schlagworte:
Online Zugang:Full text available on IMF