Browsing by Author "Poirier, Arthur"

Now showing items 1-3 of 3

2014-07-01Buch

Discount Factor Shocksand Labor MarketDynamics

Albertini, Julien; Poirier, Arthur

In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements in the discount factor. A comparison with the standard productivity shock is provided. Movements in the ...
2014-02-19Buch

The composition of government spending and the multiplier at the Zero Lower Bound

Albertini, Julien; Poirier, Arthur; Roulleau-Pasdeloup, Jordan

We investigate the size of the multiplier at the ZLB in a New keynesian model. It ranges from around -0.25 to +1.5, depending on the extent to which government spending is productive, substitutable or not for private consumption.
2014-02-19Buch

Unemploymentbenefits extensions atthe zero lower boundon nominal interestrate

Albertini, Julien; Poirier, Arthur

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 ...