Market Reforms at the Zero Lower Bound /

This paper studies the impact of product and labor market reforms when the economy faces major slack and a binding constraint on monetary policy easing. such as the zero lower bound. To this end, we build a two-country model with endogenous producer entry, labor market frictions, and nominal rigidit...

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Bibliografiska uppgifter
Huvudupphovsman: Cacciatore, Matteo
Övriga upphovsmän: Duval, Romain, Fiori, Giuseppe, Ghironi, Fabio
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/215
Länkar:Full text available on IMF

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