FINANCIAL SHOCKS, JOB DESTRUCTION SHOCKS, AND LABOR MARKET FLUCTUATIONS
Sign Up to like & getrecommendations! Published in 2017 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100517000190
Abstract: This paper investigates the effect of financial shocks using a general equilibrium model that links the firm's flows of financing with labor market variables. The results show that financial shocks have sizeable effects on debt,… read more here.
Keywords: job destruction; labor market; shocks job; financial shocks ... See more keywords