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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Bibliografiska uppgifter
Huvudupphovsman: Burya, Anastasia
Övriga upphovsmän: Mano, Rui, Timmer, Yannick, Weber, Anke
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2022.
Serie:IMF Working Papers; Working Paper ; No. 2022/128
Ämnen:
Länkar:Full text available on IMF