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The pace of structural change, cyclical shocks and unemployment dynamics : simulations using an empirical flow model

Butter, Frank A. G. den; Dijk, Mark van - 1997

may be out of its unemployment equilibrium for quite a long time after a shock occurs.The novelty of the model is that it … decreasein job creation in response to the depreci-ation of human capitalfollowing an adverse cyclical shock, does not lead to …

Persistent link: https://www.econbiz.de/10010336861

Uncertainty and Sectoral Shifts : The Interaction between Firm-Level and Aggregate-Level Shocks, and Macroeconomic Activity

Kalay, Alon - 2016

is low, based on the sectoral shift theory. Our hypotheses and empirical results show that the interactive effect of firm …

Persistent link: https://www.econbiz.de/10012998062

Sectoral Shocks, Reallocation, and Labor Market Policies

Garcia-Cabo, Joaquin; Lipinska, Anna; Navarro, Gaston - 2023

in recessions of different duration. We find that, after a temporary sector-specific shock, unemployment insurance …

Persistent link: https://www.econbiz.de/10014263921

Uncertainty shocks and firm creation : search and monitoring in the credit market

Brand, Thomas; Isoré, Marlène; Tripier, Fabien - 2018

Persistent link: https://www.econbiz.de/10012060384

The labor market channel of macroeconomic uncertainty

Guglielminetti, Elisa - 2016

Persistent link: https://www.econbiz.de/10011946008

Search and matching frictions and business cycle fluctuations in Bulgaria

Vasilev, Aleksandar - 2016

In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with both a two-sided costly search and fiscal policy. This introduces a...

Persistent link: https://www.econbiz.de/10011498689