haku: @indexterm UNEMPLOYMENT / yhteensä: 1236
viite: 54 / 1236
| Tekijä: | Mortensen, D. Nagypal, E. |
| Otsikko: | Labor-market volatility in matching models with endogenous separations |
| Lehti: | Scandinavian Journal of Economics
2007 : VOL. 109:4, p. 645-665 |
| Asiasana: | labour markets unemployment volatility productivity models |
| Kieli: | eng |
| Tiivistelmä: | This paper explores the business-cycle behaviour of a matching model with endogenous separations (here as: seprts). Among others, it is shown that whether aggregate productivity (as: prod-y.) shocks have a larger effect on the vacancy-unemployment ratio than in a model with exogenous seprts. depends on whether worker prod-y. stochastically increases with tenure. However, the difference in the response is quantitatively small etc. |
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