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We develop a tractable macroeconomic model with employment risk and labor market search in order evaluate the effects of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who can invest in risk-free physical capital and risky human...
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Die vorliegende Dissertation verwendet empirische Methoden zur Untersuchung von Problemen in den Bereichen Makroökonomie, internationaler Handel, Politische Ökonomie und Verhaltensökonomie. Kapitel 3 analysiert, wie Firmen in Entwicklungsländern auf Handelsliberalisierung reagieren. Bei...
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and policy barriers to worker mobility. We use migrant selection theory and evidence to place lower bounds on the ad …
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