1.分享論文
Labor Mobility in a Monetary Union (Hauser, Daniela, and Martin Seneca 2022)
2.分享人
王佳欣（韦德体育bevictor中國經濟與管理研究院，2020級碩士生）
3.時間
2023年05月28日（周日）
下午14:00-15:30
4.地點
學術會堂712
5.主持人
王忏（金融學院）
趙軍柱（韦德体育bevictor中國經濟與管理研究院）
6.論文摘要
Internal migration flows are endogenously driven by relative labor market performance in a New Keynesian DSGE model of a monetary union calibrated to U.S. data. When labor markets are competitive, a strict focus on stabilizing unionwide inflation remains close to optimal. With search and matching frictions in regional labor markets, labor mobility across state borders introduces additional trade-offs for optimal monetary policy since workers do not internalize the full effects of their individual migration decisions. But when monetary policy is suboptimal, a mobile labor force helps to close inefficiency gaps in regional labor markets following region-specific shocks. Putting some weight on labor market outcomes in a simple instrument rule enhances welfare more when labor is mobile.
7.活動對象
韦德体育bevictor本科生、研究生
8.人數規模
30人
9.主辦單位
韦德体育bevictor、金融學院聯合主辦
