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Frictional wage dispersion in search models : : a quantitative assessment
Hornstein, Andreas (contributor); Krusell, Per (contributor) - 2006
"Standard search and matching models of equilibrium unemployment, once properly calibrated, can generate only a small …
Persistent link: https://www.econbiz.de/10003375225
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Technical appendix for frictional wage dispersion in search models : : a quantitative assessment
Hornstein, Andreas (contributor); Krusell, Per (contributor) - 2006
"In this technical appendix to Hornstein, Krusell, and Violante (2006) (HKV, 2006, hereafter) we provide a detailed characterization of the search model with (1) wage shocks during employment and (2) on-the-job search outlined in Sections 6 and 7 of that paper, and we derive all of the results...
Persistent link: https://www.econbiz.de/10003375226
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The replacement problem in frictional economies : a near-equivalence result
Hornstein, Andreas (contributor); Krusell, Per (contributor) - 2005
Persistent link: https://www.econbiz.de/10003093805