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THE DYNAMIC PROPERTIES OF ALTERNATIVE ASSUMPTIONS ON PRICE ADJUSTMENT IN NEW KEYNESIAN MODELS

✍ Scribed by Mohamed Safouane Ben Aïssa; Olivier Musy

Book ID
110981368
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
341 KB
Volume
63
Category
Article
ISSN
0307-3378

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## Abstract We investigate the direct and long‐run effects of fertility on employment in Europe, estimating dynamic models of labor supply under different assumptions regarding the exogeneity of fertility and modeling assumptions related to initial conditions, unobserved heterogeneity and serial co