Showing 1 - 10 of 28
Persistent link: https://www.econbiz.de/10009499821
We build a three-state general equilibrium model of the aggregate labor market that features both standard labor supply forces and labor market frictions. Our model matches key features of the cyclical properties of employment, unemployment, and nonparticipation as well as those of gross worker...
Persistent link: https://www.econbiz.de/10012482058
Persistent link: https://www.econbiz.de/10012216438
Persistent link: https://www.econbiz.de/10011761218
Persistent link: https://www.econbiz.de/10012171695
We build a general equilibrium model that features uninsurable idiosyncratic shocks, search frictions and an operative labor supply choice along the extensive margin. The model is calibrated to match the average levels of gross flows across the three labor market states: employment,...
Persistent link: https://www.econbiz.de/10012460879
We build a three-state general equilibrium model of the aggregate labor market that features both standard labor supply forces and labor market frictions. Our model matches key features of the cyclical properties of employment, unemployment, and nonparticipation as well as those of gross worker...
Persistent link: https://www.econbiz.de/10013311845
We build a general equilibrium model that features uninsurable idiosyncratic shocks, search frictions and an operative labor supply choice along the extensive margin. The model is calibrated to match the average levels of gross flows across the three labor market states: employment,...
Persistent link: https://www.econbiz.de/10013111746
Persistent link: https://www.econbiz.de/10003727391
Persistent link: https://www.econbiz.de/10003394398