20th Street and Constitution Avenue NW
Washington, DC 20551
United States
Board of Governors of the Federal Reserve System
Search frictions; Job destruction; Heterogeneity; Aggregation; Tax policy.
Search frictions, Job destruction, Heterogeneity, Aggregation, Tax policy
uncertainty, business cycles, investment, expectations, cash holdings, downside uncertainty
Taxes; Demographics; Aging; Baby Boomers; Unemployment; Participation
Employment protection; Monetary policy; Producer entry; Product market regulation; Structural reforms; Unemployment benefits; Zero lower bound, Employment protection, Monetary policy, Producer entry, Product market regulation, Structural reforms, Unemployment benefits, Zero lower bound, Monetary Policy (Targets, Instruments, and Effects), Open Economy Macroeconomics, Unemployment: Models, Duration, Incidence
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
Employment protection; Monetary policy; Producer entry; Product market regulation; Structural reforms; Unemployment benefits; Zero lower bound
business cycles, (S,s) policies, vintage effects, firm heterogeneity
Asymmetric business cycles, Labor supply, Search frictions, Employment, Unemployment rate, Labor force participation rate
Asymmetric Business Cycles; Employment; Unemployment; Labor Force Participation; Income Taxes; Counter-Cyclical Tax Policy