1.分享论文
Labor Mobility in a Monetary Union (Hauser, Daniela, and Martin Seneca 2022)
2.分享人
王佳欣（创新发展学院中国经济与管理研究院，2020级硕士生）
3.时间
2023年05月28日（周日）
下午14:00-15:30
4.地点
学术会堂712
5.主持人
王忏（金融学院）
赵军柱（创新发展学院中国经济与管理研究院）
6.论文摘要
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.活动对象
创新发展学院本科生、研究生
8.人数规模
30人
9.主办单位
创新发展学院、金融学院联合主办
