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This paper combines a discrete-time dynamic general equilibrium articulation of the standard model of labor market search with observed U.S. time series measures on employment, vacancies, and aggregate output to uncover the cyclical properties of three unobserved forcing variables that comprise...
Persistent link: https://www.econbiz.de/10005069225
labor productivity in the U.S. show that standard deviations for unemployment, vacancies and market tightness (vacancy-unemployment … unemployment and vacancies over business cycle frequencies (i.e. it is consistent with the Beveridge curve) …
Persistent link: https://www.econbiz.de/10005069313
Persistent link: https://www.econbiz.de/10005069388
associated with inequality adversely affected the emergence of institutions that promote human capital accumulation. The research …
Persistent link: https://www.econbiz.de/10005125614
distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …
Persistent link: https://www.econbiz.de/10005062436
distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public …
Persistent link: https://www.econbiz.de/10005408243