Unemployment And Vacancy Fluctuations In The Matching Model Inspecting The Mechanism
Download and Read Unemployment And Vacancy Fluctuations In The Matching Model Inspecting The Mechanism full books in PDF, ePUB, and Kindle. Read online free Unemployment And Vacancy Fluctuations In The Matching Model Inspecting The Mechanism ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Unemployment and Vacancy Fluctuations in the Matching Model: Inspecting the Mechanism
Author | : Andrea Hornstein |
Publisher | : DIANE Publishing |
Total Pages | : 33 |
Release | : 2008-10 |
Genre | : Business & Economics |
ISBN | : 1437904963 |
Download Unemployment and Vacancy Fluctuations in the Matching Model: Inspecting the Mechanism Book in PDF, Epub and Kindle
The behavior of unemploy. over the bus. cycle plays an important role in economic policy considerations. Most of the variation in unemploy. comes about through changes in job-finding rates. Search theories of unemploy. study the implications of the matching process between unemployed workers and vacant jobs in environments with search frictions. The authors review work on whether these theories are consistent with the cyclical behavior of unemploy. and job-finding rates. They conclude that when the basic search model is calibrated to generate labor market volatility of a magnitude comparable with the data, it has sharp counterfactual implications for the size and the cyclicality of the wage share and for the elasticity of unemploy. to welfare benefits.
Unemployment and Vacancy Fluctuations in the Matching Model: Inspecting the Mechanism Related Books
Pages: 33
Pages: 28
Pages: 40
Pages: 133
Pages: 53