CORDIS Project
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This project investigates how macroeconomic shocks influence the economy over time, focusing on the labor market's role and the effects of microeconomic behaviors. It employs advanced data analysis and computational techniques to explore employment adjustments, job dynamics, and the impact of economic fluctuations on d…
How do macroeconomic shocks propagate over time?
How are they amplified?
How do they affect macroeconomic aggregates?
And what role does the labor market and its frictions play in the business cycle?
These questions are at the heart of theoretical and empirical business cycle research.
Better answers to these questions are important to European policy makers, especially in times of economic distress and uncertain growth perspectives in Europe, to more effectively design macro- and, as this proje…
RHEINISCH-WESTFAELISCHE TECHNISCHE HOCHSCHULE AACHEN
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