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Individual and aggregate labor supply in a heterogeneous agent economy with intensive and extensive margins

Chang, Yongsung; Kim, Sun-bin; Kwon, Kyooho; Rogerson, … - 2014

Persistent link: https://www.econbiz.de/10010404615

Labor-Market heterogeneity, aggregation, and the Lucas critique

Chang, Yongsung; Kim, Sun-bin; Schorfheide, Frank - 2010

Persistent link: https://www.econbiz.de/10008747157

Worker heterogeneity and endogenous separations in a matching model of unemployment fluctuations

Bils, Mark; Chang, Yongsung; Kim, Sun-bin - In: American economic journal : a journal of the American … 3 (2011) 1, pp. 128-154

Persistent link: https://www.econbiz.de/10009234707

Asymmetric phase shifts in the U.S. industrial production cycles

Chang, Yongsung; Hwang, Sunoong - 2011

We identify the cyclical turning points of 74 U.S. manufacturing industries and uncover new empirical regularities: (i) Cyclical phase shifts are highly concentrated around the aggregate turning points; (ii) In contrast to the conventional notion of a ‘sudden stop and slow recovery,’ troughs...