Labor search and matching in macroeconomics
نویسندگان
چکیده
منابع مشابه
Labor Income Uncertainty and Macroeconomics
This is a response to email queries from Larry Christiano about my views on the role of uncertainty, and in particular unemployment risk, in business cycle fluctuations.
متن کاملProductivity Investment and Labor Force Participation in Search Equilibrium
The present paper contributes to the theoretical analysis of the human capital investment and participation decision of heterogeneous workers in the search and matching framework. Its aim is to characterize the equilibrium and to identify the efficiency. Here, the paper studies search equilibrium and matching to consider the participation decision of heterogeneous workers who have differen...
متن کاملLabor Market Institutions and Aggregate Fluctuations in a Search and Matching Model
This paper explores the influence of labor market institutions on aggregate fluctuations. It uses a dynamic, stochastic, general equilibrium model characterized by search and matching frictions in the labor market and nominal rigidities in the goods market. It finds that firing costs and unemployment benefits can have substantial effects on aggregate fluctuations. Increasing firing costs decrea...
متن کاملA Static Version of “The Macroeconomics of Child Labor Regulation”
Beginning from the middle of the nineteenth century, an increasing number of countries have passed legislation which bans the formal employment of children. However, while child labor bans are now near-universal in industrial countries, in many developing countries child labor continues to be widespread. Child labor is often particularly popular among poorer families who depend on the additiona...
متن کاملLabor-Market Volatility in the Search-and- Matching Model: The Role of Investment-Specific Technology Shocks
Shocks to investment-specific technology have been identified as a main source of U.S. aggregate output volatility. In this paper we assess the contribution of these shocks to the volatility of labor market variables, namely, unemployment, vacancies, tightness and the jobfinding rate. Thus, our paper contributes to a recent body of literature assessing the ability of the search-and-matching mod...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: European Economic Review
سال: 2007
ISSN: 0014-2921
DOI: 10.1016/j.euroecorev.2007.06.024