matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model … model as it is in the data. We show with a simple analytical calculation that in the standard job matching model, one cannot …

15%. Using a New Keynesian model, with search and matching labour frictions and Epstein-Zin preferences we show that …

This paper demonstrates the way in which stock-flow matching with endogenous seller entry generates hot and cold spells …

matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model … model as it is in the data. We show with a simple analytical calculation that in the standard job matching model, one cannot …