Search Results - subject:"Matching frictions"

Charlot, Olivier; Malherbet, Franck - In: Labour economics : official journal of the European … 20 (2013), pp. 3-23

Persistent link: https://www.econbiz.de/10009715815

The neighbor is king: Customer discrimination in the housing market

Combes, Pierre-Philippe; Decreuse, Bruno; Schmutz, Benoît - C.E.P.R. Discussion Papers - 2012

This paper provides a method to single out customer-based discrimination in the housing market. We build a matching model with ethnic externalities where landlords differ in the number of housing units they own within the same building. Multiple-dwelling landlords discriminate more often than...

Persistent link: https://www.econbiz.de/10011083618

Learning about monetary policy rules when labor market search and matching frictions matter

Kurozumi, Takushi; Van Zandweghe, Willem - In: Journal of Economic Dynamics and Control 36 (2012) 4, pp. 523-535

This paper examines the implications of labor market search and matching frictions for determinacy and E-stability of … unique E-stable fundamental REE as long as the Taylor principle is satisfied. Therefore, the presence of search and matching … frictions changes the determinacy properties of a strictly inflation-forecast targeting policy, and alters its E …

Persistent link: https://www.econbiz.de/10010574010

Learning about monetary policy rules when labor market search and matching frictions matter

Kurozumi, Takushi; Van Zandweghe, Willem - In: Journal of economic dynamics & control 36 (2012) 4, pp. 523-535

Persistent link: https://www.econbiz.de/10009554341

Adaptabilité et complexité: les choix éducatifs et technologiques sont-ils efficaces?

Decreuse, Bruno; Granier, Pierre - Volkswirtschaftliche Fakultät, … - 2004

European labour markets have known three major changes over the past three decades : the complexification of the technological environment, the growth of general education across the workforce, and rising unemployment. Taken together, do these facts reflect the inefficiency of schooling and...

Persistent link: https://www.econbiz.de/10005617031

Fiscal Multipliers Over the Business Cycle

Michaillat, Pascal - C.E.P.R. Discussion Papers - 2011

This paper develops a theory characterizing the effects of fiscal policy on unemployment over the business cycle. The theory is based on a model of equilibrium unemployment in which jobs are rationed in recessions. Fiscal policy in the form of government spending on public-sector jobs reduces...

Persistent link: https://www.econbiz.de/10009324257

Fiscal Calculus in a New Keynesian Model with Matching Frictions

Campolmi, Alessia; Faia, Ester; Winkler, Roland - Institut für Weltwirtschaft (IfW) - 2010

because of matching frictions. We compare fiscal packages with different targets (pure demand stimuli versus subsidy to cost …

Persistent link: https://www.econbiz.de/10008562523

Pre-match investment with frictions

Bidner, Chris - In: Games and Economic Behavior 68 (2010) 1, pp. 23-34

The paper explores an environment in which agents are motivated to make unproductive investments with the sole aim of improving their matching opportunities. In contrast to existing work, I add frictions by allowing the investment to be imperfectly observed. The analysis allows for a deeper...

Persistent link: https://www.econbiz.de/10008565471

Fiscal expansions affect unemployment, but they may increase it

Brückner, Markus; Pappa, Evi - C.E.P.R. Discussion Papers - 2010

outsider workers and a labor force participation choice into a New Keynesian model with matching frictions and show that …

Persistent link: https://www.econbiz.de/10008468663

Labor Markets and Productivity in Developing Countries

Satchi, Mathan; Temple, Jonathan - In: Review of Economic Dynamics 12 (2009) 1, pp. 183-204

develop a general equilibrium model with matching frictions in the urban labor market, the possibility of self-employment in … calibrating the model to data for Mexico, and show that matching frictions can lead to a large informal sector when formal sector …

Persistent link: https://www.econbiz.de/10005069634