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We implement capital in an endogenous separations New Keynesian matching model. In contrast to the vintage capital … the performance of the matching model to generate stylized facts in response to an aggregate productivity shock. However …, there is almost no difference for monetary policy shocks. -- Capital ; Endogenous Separations ; Search and Matching …
Persistent link: https://www.econbiz.de/10003884840
A labor matching model with nominal rigidities can match short-run movements in labor's share with some success …
Persistent link: https://www.econbiz.de/10003826579
Can the standard search-and-matching labor market model replicate the business cycle fluctuations of the job finding … matching ; business cycle …
Persistent link: https://www.econbiz.de/10003826953
expellee inflow was distributed very asymmetrically across two West German regions. A dynamic two-region search and matching …
Persistent link: https://www.econbiz.de/10011434236
We present a new theory of wage adjustment, based on worker loss aversion. In line with prospect theory, the workers' perceived utility losses from wage decreases are weighted more heavily than the perceived utility gains from wage increases of equal magnitude. Wage changes are evaluated...
Persistent link: https://www.econbiz.de/10010440552
the effects of temporary and permanent sector-specific shocks in a New Keynesian matching model. We show that temporary … ; Matching ; Sectoral Productivity Shock …
Persistent link: https://www.econbiz.de/10003932599
Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve … builds upon the sectoral shock literature and combines its insights with the standard endogenous separation matching approach …
Persistent link: https://www.econbiz.de/10011452403
Persistent link: https://www.econbiz.de/10003797905
Persistent link: https://www.econbiz.de/10001749095
The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence on this issue in order to see if it can meet the data within a 140 years old economic union -- Italy -, in the ideal context for its main competitor - New Economic Geography -...
Persistent link: https://www.econbiz.de/10003347559