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the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that … uncertainty shocks measured by stock market volatility have a significant impact on the U.S. unemployment rate. We then develop a …
Persistent link: https://www.econbiz.de/10012243477
We develop a business cycle model with search and matching frictions in the labor market and show that on …. In our calibration, this allows the model to generate fluctuations of unemployment, vacancies, and job-to-job transitions …-order serial correlation that is absent from the standard search and matching model …
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, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are lose …
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In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets …
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outcomes tend to be more favourable to unions when the national unemployment rate is lower. -- Strikes ; cyclicality ; duration …
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