Showing 1 - 10 of 372
This paper estimates a stylized search and matching model on data for Australia covering the period 1978-2008. Using …
Persistent link: https://www.econbiz.de/10011259078
This paper argues that existing matching models with unemployment as an active search and nonparticipation as an … inactive search predict counterfactual results: the unemployment rate is at most two times as volatile as the … employmentpopulation ratio; only 20 percent of the actual volatility of the unemployment rate is accounted for; and the labor market …
Persistent link: https://www.econbiz.de/10005790049
In this paper we study the optimal monetary and fiscal policies of a general equilibrium model of unemployment and money …
Persistent link: https://www.econbiz.de/10008685046
stigma of unemployment. …
Persistent link: https://www.econbiz.de/10005616630
This paper quantitatively investigates the scope for improving welfare by making aspects of the unemployment insurance …
Persistent link: https://www.econbiz.de/10011109395
of human capital available to hiring companies, which drives the efficiency of matching between workers and firms and …
Persistent link: https://www.econbiz.de/10008633348
literature tries to decompose this intratemporal elasticity into its main components, the "Ins and Outs of Unemployment" (Shimer …
Persistent link: https://www.econbiz.de/10005619536
foreign capital in the urban formal sector on unemployment and social welfare crucially hinge on the relative factor …’s twin objectives of improvement in social welfare and mitigation of the urban unemployment problem. These results are … extremely crucial from the view of policymaking in an unemployment plagued, low-income developing economy. …
Persistent link: https://www.econbiz.de/10011259840
In the past few decades, real business cycle theory has developed rapidly after the initiation of Kydland and Prescott in 1982. It has grown substantially as an independent literature and served as a widely recognized framework for studies of the economy at business cycle frequencies. It has...
Persistent link: https://www.econbiz.de/10008530721
This paper surveys recent developments related to regional recessions and recoveries. Building on the idea of regional resilience, selected theoretical and empirical contributions are discussed in order to provide an overview of this area of research that looks at both equilibrium- and...
Persistent link: https://www.econbiz.de/10011109315