Cairó, Isabel; Fujita, Shigeru; Morales-Jiménez, Camilo - 2018
REVISED MARCH 2019 Using a representative-household search and matching model with endogenous labor force participation … market states, the unemployment rate, and the labor force participation rate, while using values of elasticities consistent …, we study the interactions between extensive-margin labor supply elasticities and the cyclicality of labor force …