Evidence and Theory in Asymmetrics in US Aggregate Job Flows.

Recent works on aggregate job flows in the US economy indicate that (i) specific sectoral shocks are important to account for aggregate job flows dynamics and that (ii) aggregate creation and destruction dynamics display significant non-linearities. This paper aims to study whether a simple matching model in the labor market extended for firm heterogeneity and endogenous firings can account for these findings.

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Year of publication:	1998
Authors:	Collard, F. ; Feve, P. ; Langot, F. ; Perraudin, C.
Subject:	STOCHASTIC MODELS \| SIMULATION \| BUSINESS CYCLES \| EMPLOYMENT

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Type of publication:	Book / Working Paper
Notes:	34 pages
Classification:	C51 - Model Construction and Estimation ; E24 - Employment; Unemployment; Wages ; E32 - Business Fluctuations; Cycles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005671561