2024年5月30日（周四）13:30-15:00 Anastasia Zervou （美国得克萨斯大学圣安东尼奥分校）

讲座系列：前沿专题系列讲座第48场

讲座人：Anastasia Zervou （美国得克萨斯大学圣安东尼奥分校阿尔瓦雷斯商学院副教授）

时间：2024年5月30日（周四）13:30-15:00

地点：博学楼1222

主持人：彭玉磊（对外经贸大学国际经济贸易学院经济学系副教授）

讲座题目：Heterogeneity in labor market response to monetary policy: small versus large firms

讲座摘要：We study the effects of monetary policy on the labor market in small and large firms in the U.S. We find that a monetary contraction reduces small firms’ employment and hiring growth less than in large firms while a monetary expansion boosts employment and hiring growth in small firms more than in large firms. Disregarding this asymmetry can lead to the erroneous conclusion that small firms respond stronger compared to large firms. We also find that the earnings growth of new hires decreases after monetary contractions and expansions. Incorporating this effect in a standard model can reconcile our empirical results.

主讲人简介：

Anastasia Zervou is currently Associate Professor and Graduate Program Director at Alvarez College of Business, The University of Texas at San Antonio. She holds a Ph.D in Economics from Washington University in St.Louis.  Her research focuses Macroeconomics, monetary policy, applied time series econometrics, financial economics. She has been published in journals such as European Economic Review, American Economic Association, Papers & Proceedings, Journal of Macroeconomics, Scandinavian Journal of Economics, Macroeconomic Dynamics.

讲座人主页：

https://sites.google.com/site/anastasiazervoupage/