The quantitative importance of technology and demand shocks for unemployment fluctuations in a shopping economy
Sign Up to like & getrecommendations! Published in 2021 at "Economic Modelling"
DOI: 10.1016/j.econmod.2021.105527
Abstract: Abstract We construct and estimate a business cycle model with search and matching frictions in the labor market and in the product market. We show that the dynamic structure of the model and the endogenous… read more here.
Keywords: demand shocks; technology; unemployment fluctuations; demand ... See more keywords
Unemployment fluctuations over the life cycle
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2019.01.001
Abstract: In this paper, we show that (i) the volatility of worker flows increases with age in US CPS data, and (ii) a search and matching model with life-cycle features, endogenous separation and search effort, is… read more here.
Keywords: cycle; fluctuations life; life cycle; age ... See more keywords