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...

Полное описание

Библиографические подробности
Главный автор: Burya, Anastasia
Другие авторы: Mano, Rui, Timmer, Yannick, Weber, Anke
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2022.
Серии:IMF Working Papers; Working Paper ; No. 2022/128
Предметы:
Online-ссылка:Full text available on IMF