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In the standard macroeconomic search and matching model of the labor market, there is a tight link between the quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This tight link is at odds with the empirical literature. We...
Persistent link: https://www.econbiz.de/10011625891
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This tight link is at odds with the empirical literature. We...
Persistent link: https://www.econbiz.de/10012111816
Persistent link: https://www.econbiz.de/10012695604
Persistent link: https://www.econbiz.de/10011596040
reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … responses to each shock. Our analysis permits us to distinguish between the short- and longrun effects of the shocks. Different …
Persistent link: https://www.econbiz.de/10011450238
Persistent link: https://www.econbiz.de/10001868121
Persistent link: https://www.econbiz.de/10001800159
reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … responses to each shock. Our analysis permits us to distinguish between the short- and long-run effects of the shocks. Different …
Persistent link: https://www.econbiz.de/10002166465
Persistent link: https://www.econbiz.de/10002006487
reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … responses to each shock. Our analysis permits us to distinguish between the short- and long-run effects of the shocks. Different …
Persistent link: https://www.econbiz.de/10014078523