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Sectoral Labor Mobility and Optimal Monetary Policy /

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Cantelmo, Alessandro (Autor), Melina, Giovanni (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Colección:IMF working paper ; WP/17/40.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Cantelmo, Alessandro,  |e author. 
245 1 0 |a Sectoral Labor Mobility and Optimal Monetary Policy /  |c by Alessandro Cantelmo and Giovanni Melina. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c 2017. 
300 |a 1 online resource (34 pages) 
336 |a text  |b txt  |2 rdacontent 
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490 1 |a IMF working paper ;  |v WP/17/40 
588 0 |a Print version record. 
505 0 |a Cover; Contents; 1 Introduction; 2 Model; 2.1 Households; 2.2 Firms; 2.3 Fiscal and monetary policy; 2.4 Market clearing conditions and exogenous processes; 2.5 Functional forms; 3 Bayesian estimation; 3.1 Calibration and priors; 3.2 Estimation results; 4 Optimal monetary policy; 4.1 The monetary policy rule; 4.2 Welfare measure; 4.3 Results; 4.3.1 Impulse responses to an inflation shock; 4.3.2 Optimized interest-rate rules; 4.4 Robustness to alternative calibrations and interest rate rules; 5 Conclusion; References; Appendix; A Data; A.1 Durables and Residential Investments. 
505 8 |a A.2 Nondurables and ServicesA. 3 Data transformation for Bayesian estimation; B Symmetric equilibrium; C Steady state; List of Tables; 1 Calibrated parameters; 2 Prior and posterior distributions of estimated parameters; 3 Optimized monetary policy rule: Sticky vs Flexible Durables Prices; 4 Relative standard deviations of inflation, wages and output; 5 Optimized monetary policy rules: robustness to alternative calibrations; 6 Robustness to alternative optimized monetary policy rule; A.1 Data Sources; A.2 Data transformation -- Observables; List of Figures. 
505 8 |a 1 Sectoral labor mobility parameter: prior and posterior densities2 Responses to adurables price markup shock: Ramsey policy; 3 Durables price stickiness and optimal weight on durables inflation: flexible vs. sticky wages. 
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650 0 |a Labor mobility. 
650 0 |a Banks and banking. 
650 0 |a Monetary policy. 
650 6 |a Main-d'œuvre  |x Mobilité. 
650 6 |a Politique monétaire. 
650 7 |a BUSINESS & ECONOMICS  |x Labor.  |2 bisacsh 
650 7 |a POLITICAL SCIENCE  |x Labor & Industrial Relations.  |2 bisacsh 
650 7 |a Banks and banking.  |2 fast  |0 (OCoLC)fst00826867 
650 7 |a Labor mobility.  |2 fast  |0 (OCoLC)fst00990067 
650 7 |a Monetary policy.  |2 fast  |0 (OCoLC)fst01025230 
700 1 |a Melina, Giovanni,  |e author. 
776 0 8 |i Print version:  |a Cantelmo, Alessandro.  |t Sectoral Labor Mobility and Optimal Monetary Policy.  |d Washington, D.C. : International Monetary Fund, ©2017  |z 9781475584783 
830 0 |a IMF working paper ;  |v WP/17/40. 
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