Unemployment may depend on equilibrium in other markets than the labor markets. This paper adresses this old idea by … stochastically in equilibrium. Financial market tightness is also a function of three parameters related to financial frictions. Job … creation and employment depend on the equilibrium in the other markets. Reciprocally, higher job destruction implies more …

will introduce enough new goods to avoid such a situation. In contrast, the decentralized equilibrium may involve long run …. In the latter equilibrium, capital and the number of varieties are larger than in the former, while consumption of each …, the satiated equilibrium generically survives. For some parameter values, its growth rate is positive while labor supply …

general equilibrium model. In our framework, households can take actions (e.g., purchasing bednets or other goods) that …

poor. This paper explores the question in an explicit dynamic general equilibrium framework, using a calibrated model that … incorporates epidemiological features into a standard general equilibrium framework …

This paper develops a dynamic general equilibrium model where employers may avoid making social security contributions …

bargaining are both essential for understanding these trends, and develops an equilibrium model of marriage and bargaining …