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The cyclicality of labor market flows : a multiple-shock approach

Hairault, Jean-Olivier; Zhutova, Anastasia - 2014

shock to the profitability of a match (the aggregate shock), a shock specific to the existing jobs (job-specific shock) and … a shock to the efficiency of the matching process (search shock). The two former shocks generate a quite balanced … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …

Persistent link: https://www.econbiz.de/10010417964

Endogenous labor market participation and the business cycle

Häfke, Christian (contributor); Reiter, Michael (contributor) - 2006

Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a simple, tractable job market matching model, show...

Persistent link: https://www.econbiz.de/10003297703

The cost of business cycles under endogenous growth

Barlevy, Gadi - In: The American economic review 94 (2004) 4, pp. 964-990

Persistent link: https://www.econbiz.de/10002382428

Aggregate employment dynamics : building from microeconomic evidence

Caballero, Ricardo J. - In: The American economic review 87 (1997) 1, pp. 115-137

Persistent link: https://www.econbiz.de/10001218705

The dynamic effects of aggregate demand and supply disturbances

Blanchard, Olivier - In: The American economic review 79 (1989) 4, pp. 655-673

Persistent link: https://www.econbiz.de/10001074301

Collateral booms and information depletion

Martin, Alberto; Asriyan, Vladimir; Laeven, Luc - 2018

Persistent link: https://www.econbiz.de/10012099248

Subsidizing labor hoarding in recessions : the employment & welfare effects of short time work

Giupponi, Giulia; Landais, Camille - 2018

Persistent link: https://www.econbiz.de/10012038255

Adverse selection of investment projects and the business cycle

Reichlin, Pietro - 1997

Persistent link: https://www.econbiz.de/10013422356

Optimal debt contracts and moral hazard along the business cycle

Reichlin, Pietro - 2000

Persistent link: https://www.econbiz.de/10013422983

Markups, gaps and the welfare costs of business fluctuations

Galí, Jordi - 2002

Persistent link: https://www.econbiz.de/10013423805

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