Concept

NAIRU

Related publications (4)

Regional Heterogeneity and the Refinancing Channel of Monetary Policy

We argue that the time-varying regional distribution of housing equity influences the aggregate consequences of monetary policy through its effects on mortgage refinancing. Using detailed loan-level data, we show that regional differences in housing equity ...

2019

Job turnover, expectations, and the Phillips Curve

Charles Cosme Henri Dennery

Job turnover makes a wage Phillips Curve less forward-looking, with a smaller coefficient for inflation expectations. Workers discount future wage income with a low discount factor if there is a strong flow of job turnover; this implies that future inflati ...

2019

An empirically-based steady-state friction law and implications for fault stability

Marie Estelle Solange Violay

Empirically based rate-and-state friction laws (RSFLs) have been proposed to model the dependence of friction forces with slip and time. The relevance of the RSFL for earthquake mechanics is that few constitutive parameters define critical conditions for f ...

American Geophysical Union2016

Hypermagnetic fields and baryon asymmetry from pseudoscalar inflation

Eray Sabancilar

We show that maximally helical hypermagnetic fields produced during pseudoscalar inflation can generate the observed baryon asymmetry of the Universe via the B + L anomaly in the Standard Model. We find that most of the parameter space of pseudoscalar infl ...

Amer Physical Soc2015

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