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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Бібліографічні деталі
Автор: Burya, Anastasia
Інші автори: Mano, Rui, Timmer, Yannick, Weber, Anke
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2022.
Серія:IMF Working Papers; Working Paper ; No. 2022/128
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Онлайн доступ:Full text available on IMF