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Macroeconomic dynamics in a model of goods, labor and credit market frictions
Petrosky-Nadeau, Nicolas; Wasmer, Etienne - 2011
; matching ; business cycle ; goods market imperfection …
Persistent link: https://www.econbiz.de/10009307979
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Higher education levels, firms' outside options and the wage structure
Rosén, Åsa; Wasmer, Etienne - 2002
search model where wages are set by Nash-bargaining. The key insight is that an increase in the supply of highly educated …
Persistent link: https://www.econbiz.de/10011405857
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Labor Market Flows and Equilibrium Search Unemployment
Wasmer, Etienne; Garibaldi, Pietro - 2021
labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …
Persistent link: https://www.econbiz.de/10013320711
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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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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/10012483592
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General versus specific skills in labor markets with search frictions and firing costs
Wasmer, Etienne - In: The American economic review 96 (2006) 3, pp. 811-831
Persistent link: https://www.econbiz.de/10003349284
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Macroeconomic dynamics in a model of goods, labor, and credit market frictions
Petrosky-Nadeau, Nicolas; Wasmer, Etienne - In: Journal of monetary economics 72 (2015), pp. 97-113
Persistent link: https://www.econbiz.de/10011381677
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Space, search and efficiency
Wasmer, Etienne; Zenou, Yves - 2000
of unemployed workers: the socially optimal number of unemployed workers depends both of matching externalities and on … (which corresponds to the standard matching model) and a mixed of non-spatial and spatial elements, the first element …
Persistent link: https://www.econbiz.de/10011336862
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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/10011336864