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Sector-specific productivity shocks in a matching model
Wesselbaum, Dennis - 2010
Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve … (i.e. the negative correlation between unemployment and vacancies) and business cycle statistics jointly. This paper … builds upon the sectoral shock literature and combines its insights with the standard endogenous separation matching approach …
Persistent link: https://www.econbiz.de/10011453716
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Sector-specific productivity shocks in a matching model
Wesselbaum, Dennis - 2010
Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve … (i.e. the negative correlation between unemployment and vacancies) and business cycle statistics jointly. This paper … builds upon the sectoral shock literature and combines its insights with the standard endogenous separation matching approach …
Persistent link: https://www.econbiz.de/10011452403
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Deconstructing Job Creation
Garibaldi, Pietro - 2006
This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and...
Persistent link: https://www.econbiz.de/10012782589
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Sector-specific productivity shocks in a matching model
Wesselbaum, Dennis - 2010
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
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Recruiting intensity during and after the Great Recession : national and industry evidence
Barcellos, Silvia H.; Carvalho, Leandro; Lleras-Muney, … - 2012
Persistent link: https://www.econbiz.de/10009499805
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Trade Dynamics with Sector-Specific Human Capital
Guren, Adam M. - 2016
This paper develops a dynamic Heckscher Ohlin Samuelson model with sector-specific human capital and overlapping generations to characterize the dynamics and welfare implications of gradual labor market adjustment to trade. Our model is tractable enough to yield sharp analytic results, that...
Persistent link: https://www.econbiz.de/10013007387
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The role of start-ups in structural transformation
Dent, Robert C.; Karahan, Fatih; Pugsley, Benjamin; … - 2016
The U.S. economy has been going through a striking structural transformation - the secular reallocation of employment across sectors - over the past several decades. We propose a decomposition framework to assess the contributions of various margins of firm dynamics to this shift. Using...
Persistent link: https://www.econbiz.de/10011419841
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ifo Konjunkturprognose 2004: Erholung hat begonnen
Flaig, Gebhard; Nierhaus, Wolfgang; Meister, Wolfgang; … - In: ifo Schnelldienst 56 (2003) 24, pp. 16-42
Arbeitsmarkt aber ist noch nicht einmal im sich bessernden Konjunkturverlauf eine rasche Belebung zu erwarten. Die Lage bleibt …
Persistent link: https://www.econbiz.de/10011692101
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ifo Konjunkturprognose 2004: Erholung hat begonnen
Flaig, Gebhard; Nierhaus, Wolfgang; Meister, Wolfgang; … - In: Ifo Schnelldienst 56 (2003) 24, pp. 16-42
Arbeitsmarkt aber ist noch nicht einmal im sich bessernden Konjunkturverlauf eine rasche Belebung zu erwarten. Die Lage bleibt …
Persistent link: https://www.econbiz.de/10005046984
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Investment Under Rational Inattention : Evidence from US Sectoral Data
Zorn, Peter - 2020
Macroeconomic and sector-specific shocks exert differential effects on investment in disaggregate sectoral data. The response to macroeconomic shocks is hump-shaped, just as in aggregate data. The effects of sectoral innovations decrease monotonically. A calibrated model of investment with...
Persistent link: https://www.econbiz.de/10012827670