[행사/세미나] 6월 4일 BK목요세미나 안내
- 서채현
- 2026-06-01 10:23
오는 6월 4일 (목) 16시 30분에 예정된 세미나 및 앞으로의 목요세미나 일정을 안내드리고자 합니다.
- 일시: 2026년 6월 4일 (목) 16:30 - 17:45
- 장소: 다산경제관 32211호
- 발표자: Akira Ishide 교수님
Title: New Keynesian Economics through the Extensive Margin (with Saki Bigio)
Abstract: This paper reformulates the New Keynesian model to incorporate output adjustments through job flows—the extensive margin. Critically, we distinguish the stock and flows of workers available for production. Shifting from adjustments through the intensive to the
extensive employment margin, the model introduces predetermined output, altering key properties of the New Keynesian framework. First, the Taylor principle is inverted: stability is achieved when nominal rates respond less than one-for-one with inflation. Second, the model significantly alters the output responses to changes in monetary policy. We argue that this represents a challenge and an opportunity for the literature. Sticky information allows the model to correct the sign of impulse responses.
- 1학기 목요세미나 일정은 다음과 같습니다.
매주 목요일 16시 30분 - 17시 45분
6월 04일: Akira Ishide (University of Tokyo, 거시)
6월 09일: Wing Suen (University of Hong Kong, 미시이론)