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  • Topics: Monetary Policy
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  1. Research Center

    Macroeconomic Stability and Financial Integration

  2. Research Center

    Macroeconomic Research

  3. Research Center

    International Development

  4. Publication

    Endogenous Growth, Skill Obsolescence and Optimal Monetary Policy

    30.11.2021

    We analyze Ramsey optimal monetary policy in a New-Keynesian model with search and matching frictions featuring (i) training costs due to skill loss from long-term unemployment and (ii) endogenous growth through learning-by-doing externalities.

  5. Media Information

    Decision for Bundesbank chair also suits supporters of loose monetary policy in the short term

    20.12.2021

    Prof. Dr. Stefan Kooths, Head of Forecasting and Vice President of the Kiel Institute, comments on the appointment of Joachim Nagel as the new President of the Bundesbank:

  6. Project

    Economic and fiscal policies in times of continued monetary expansion

    01.01.2012 - 31.12.2013

  7. Kiel Institute in the News

    The IMF comeback in Africa

    14.09.2018

    Rainer Thiele says the IMF that provides financial assistance to its members has learned from its mistakes, but it still cannot solve actual problems.

  8. Project

    Monetary Policy during Financial Crises: Is the Transmission Mechanism Impaired?

    01.10.2013 - 30.06.2015

  9. Kiel Institute in the News

    Subventionen klettern auf Höchststand von 206 Milliarden - IfW: Dringend an der Zeit, Subventionen zu kürzen

    06.10.2020

  10. Publication

    Endogenous Growth, Skill Obsolescence and Output Hysteresis in a New Keynesian Model with Unemployment

    31.08.2020

    We embed human capital-based endogenous growth into a New-Keynesian model with search and matching frictions in the labor market and skill obsolescence

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