Report
Is it true that expansionary monetary policies mainly support the employment of the unskilled and disadvantaged in the labour market?
We start by looking at how expansionary monetary policies affect employment and unemployment, depending on the level of education or for those in difficulty in the labour market (young people, minorities in the United States). We see that expansionary monetary policy primarily benefits the low-educated, the young , and minorities in the United States. The explanation may be that skilled employees, or those with less difficulty in finding a job, do not face significant unemployment. If there is full employment for the skilled, for example, an expansionary monetary policy will not reduce unemployment among the skilled, but will raise their wages.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.