Labor force participation and monetary policy in the wake of the Great Recession /

Labor force participation and monetary policy in the wake of the Great Recession /

Show other versions (2)

In this paper, we provide compelling evidence that cyclical factors account for the bulk of thepost-2007 decline in the U.S. labor force participation rate. We then proceed to formulate astylized New Keynesian model in which labor force participation is essentially acyclical during?normal times? (th...

Full description

Bibliographic Details
Main Authors: Erceg, Christopher J, Erceg, Christopher J. (Author), Levin, Andrew T (Andrew Theo) (Author)
Other Authors: Levin, Andrew
Format: Book
Language:English
Published: Washington : International Monetary Fund, 2013
Washington, D. C 2013.
Washington, D.C. : 2013
Series:IMF Working Papers ; Working Paper No. 13/245
IMF eLibrary
IMF working paper ; WP/13/245
Subjects:
Labor supply > United States
Monetary policy > United States
Unemployment > United States
Business Fluctuations
Cycles
Economic recession
Employment
Labor Force and Employment, Size, and Structure
Labor force participation
Labor markets
Monetary Policy (Targets, Instruments, and Effects)
Monetary policy
Unemployment and monetary policy rules
Unemployment
Wages
Labor supply
United States
Electronic books

Internet

This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.

Similar Items