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Macroeconomic effects of shocks to public employment

โœ Scribed by Ludger Linnemann


Book ID
113722465
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
616 KB
Volume
31
Category
Article
ISSN
0164-0704

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The effects of macroeconomic policy shoc
โœ Athanasios Tagkalakis ๐Ÿ“‚ Article ๐Ÿ“… 2006 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 234 KB ๐Ÿ‘ 1 views

This paper discusses the dynamic response of employment, average hours, and real wages to macroeconomic policy shocks in the UK in the period 1970 Q1-2003 Q1. Following a monetary policy shock the adjustment of labour input is primarily along the extensive margin. However, there is also significant