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The Macroeconomics of Labor and Credit Market Imperfections
Wasmer, Etienne; Weil, Philippe - 2000
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections, driven by microeconomic frictions and impacted upon by macroeconomic factors such as monetary policy, could also be to blame. This paper shows that labor and credit market...
Persistent link: https://www.econbiz.de/10010262387
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The macroeconomics of labor and credit market imperfections
Wasmer, Etienne; Weil, Philippe - In: The American economic review 94 (2004) 4, pp. 944-963
Persistent link: https://www.econbiz.de/10002382414
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Financial fragility, business creation and job destruction
Wasmer, Etienne; Weil, Philippe - In: Recherches économiques de Louvain 68 (2002) 1/2, pp. 185-202
Persistent link: https://www.econbiz.de/10001664720
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Credit markets and unemployment in the short run and in the long run
Wasmer, Etienne; Weil, Philippe - In: International economic journal 15 (2001) 1, pp. 1-19
Persistent link: https://www.econbiz.de/10001568090
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The Macroeconomics of Labor and Credit Market Imperfections
Wasmer, Etienne; Weil, Philippe - 2021
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections, driven by microeconomic frictions and impacted upon by macroeconomic factors such as monetary policy, could also be to blame. This paper shows that labor and credit market...
Persistent link: https://www.econbiz.de/10013321253
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Efficiency in sequential labor and goods markets
Petrosky-Nadeau, Nicolas; Wasmer, Etienne; Weil, Philippe - 2018
Persistent link: https://www.econbiz.de/10011977447
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When Hosios meets Phillips : connecting efficiency and stability to demand shocks
Petrosky-Nadeau, Nicolas; Wasmer, Etienne; Weil, Philippe - 2021
Persistent link: https://www.econbiz.de/10012437064
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The macroeconomics of labour and credit market imperfections
Wasmer, Etienne - 2002
Persistent link: https://www.econbiz.de/10013423924
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The macroeconomics of labor and credit market imperfections
Wasmer, Etienne; Weil, Philippe - 2000
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections, driven by microeconomic frictions and impacted upon by macroeconomic factors such as monetary policy, could also be to blame. This paper shows that labor and credit market...
Persistent link: https://www.econbiz.de/10001510630
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Macroeconomics of Credit and Labor Markets Imperfections.
Weil, Philippe; Wasmer, Etienne - Sciences Po - 2004
Credit market imperfections influence the labor market and aggregate economic activity. In turn, macroeconomic factors have an impact on the credit sector. To assess these effects in a tractable general-equilibrium framework, we introduce endogenous search frictions, in the spirit of Peter...
Persistent link: https://www.econbiz.de/10008575112