Unemploymentbenefits extensions atthe zero lower boundon nominal interestrate

In this paper we investigate the impact of the recent US unemployment benefits extension on the labor market dynamic when the nominal interest rate is held at the zero lower bound (ZLB). Using a New Keynesian model, our quantitative experiments suggest that, in contrast to the existing literature th...

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Bibliographic details
Main Author: Albertini, Julien
Poirier, Arthur
Format: Publication
Language: English
Place of publication: Humboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät 01.01.2014
Data of publication: 2014-01-01
Dewey Decimal Classification: 330
310
Discipline: Economics
Statistics
Subjects:
Online Access: available in Bonn?
Database: OpenAIRE
OpenAIRE (Open Access)
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