The expected time to cross a threshold and its determinants: a simple and flexible framework

DOI10.1016/j.jedc.2020.104047zbMath1475.91149OpenAlexW3028265420MaRDI QIDQ2246687

João Nicolau, Gabriel Zsurkis, Paulo M. M. Rodrigues

Publication date: 16 November 2021

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://www.bportugal.pt/sites/default/files/anexos/papers/wp202006.pdf

zbMATH Keywords

Markov chainsnonlinearitymonetary shocksexpected timefiscal shocksnatural rate of unemploymentunemployment gap

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Labor markets (91B39)

Cites Work

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