Wyświetlanie pozycji 1-3 z 3

    • The Aggregate and Distributional Effects of Fiscal Stimuli 

      Kopiec, Paweł (2022-01)
      This paper compares the aggregate and distributional effects of three fiscal policy instruments: government expenditures, unemployment benefits and transfers. To this end, the Diamond-Mortensen-Pissarides model of frictional ...
    • A Theory of The Procyclical Effectiveness of Forward Guidance 

      Kopiec, Paweł (2022-12)
      I study the dependence of the forward guidance effectiveness on the level of economic slack. I use the model with price rigidities and uninsured unemployment risk and apply both analytical and numerical methods to study ...
    • Labor market institutions and the business cycle: The role of unemployment fears 

      Bielecki, Marcin; Kolasa, Marcin; Kopiec, Paweł (2023-12)
      We study the effects of labor market institutions (LMIs) in a general equilibrium model with search and matching frictions, endogenous separations, nominal rigidities, and uninsurable unemployment risk. By contrasting the ...