The session will take place on site from 3:00 – 4:00 pm.
Venue: Seminar room 4.006, 4th floor, Kaiserplatz 7-9, 53113 Bonn
Title: “The Redistribution Channel of Macroeconomic Stabilization Policy”
This paper contains:
• A quantitative HANK model with labor market frictions
• Heterogeneous labor supply with intensive and extensive margins
• Long-lasting scarring effects of unemployment spells on productivity
• Higher exposure to unemployment risk for low-skilled workers
• Framework to quantify the effects of macroeconomic stabilization policies
• Interest rate cuts
• Unemployment Insurance (UI) packages
If it meets your convenience and interest, we look forward to your attendance in the seminar.