“...Based on a quarterly regulatory dataset for German banks from 1999 to 2004, this article analyses the effects of banks' regulatory capital on the transmission...”

“...This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium,...”

“...This paper explores the influence of wage and price staggering on monetary persistence. We show that, for plausible parameter values, wage and price staggering...”

“...This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have been reversed (e.g., after wages...”

“...We study the relationship between employment growth and worker flows in excess of job flows (churn) at the establishment level using the new German AWFP...”

“...The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we test whether the...”

“...•Microeconomic bank balance sheet data from Germany.•Estimation of banks’ loan supply response with respect to capital changes.•Modification of the model by...”

“...•The common assumption that all workers are equally employable is unrealistic.•Relaxing the assumption maintains positive predictions but changes welfare...”