The relationship between unemployment, NAIRU and investment: microfundations for incomplete nominal adjustment
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More about this item
Keywords
unemployment; investment; monetary policy; rational expectations; interests rates; credit index implications;All these keywords.
JEL classification:
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MON-2022-11-28 (Monetary Economics)
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