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This paper investigates how Italian labour market institutions influence business cycle fluctuations. We apply a DSGE model that features Italian labour market rigidities and we estimate the latter on Italian data using Bayesian techniques to assess the effects of demand, supply, and labour...
Persistent link: https://www.econbiz.de/10013359363
Persistent link: https://www.econbiz.de/10003336080
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship. The model predicts that, with liquidity...
Persistent link: https://www.econbiz.de/10003609770
Persistent link: https://www.econbiz.de/10003554044
Persistent link: https://www.econbiz.de/10011411859
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship. The model predicts that, with liquidity...
Persistent link: https://www.econbiz.de/10012773454
Persistent link: https://www.econbiz.de/10012617649
Persistent link: https://www.econbiz.de/10013179195
Persistent link: https://www.econbiz.de/10012693647
This paper investigates how Italian labour market institutions influence business cycle fluctuations. We apply a DSGE model that features Italian labour market rigidities and we estimate the latter on Italian data using Bayesian techniques to assess the effects of demand, supply, and labour...
Persistent link: https://www.econbiz.de/10012697886