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Targeted fiscal policy to increase employment and wages of unskilled workers
Angelopoulos, Konstantinos; Jiang, Wei; Malley, James R. - 2017
We extend the canonical model of search and matching frictions by including capital-skill complementarity in production …
Persistent link: https://www.econbiz.de/10011801403
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Fiscal multipliers in a two-sector search and matching model
Angelopulos, Kōnstantinos; Jiang, Wei; Malley, James R. - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10010477900
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Fiscal Multipliers in a Two-Sector Search and Matching Model
Angelopoulos, Konstantinos - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10013028533
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Fiscal multipliers in a two-sector search and matching model
Angelopulos, Kōnstantinos; Jiang, Wei; Malley, James R. - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10010472582
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The German labor market during the Great Recession : shocks and institutions
Gehrke, Britta; Lechthaler, Wolfgang; Merkl, Christian - 2018
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011916540
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The German labor market during the Great Recession : shocks and institutions
Gehrke, Britta; Lechthaler, Wolfgang; Merkl, Christian - 2017
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011634724
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Fiscal Multipliers in a Two-Sector Search and Matching Model
Angelopoulos, Konstantinos; Jiang, Wei; Malley, Jim - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10010480894
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Fiscal multipliers in a two-sector search and matching model
Angelopoulos, Konstantinos; Jiang, Wei; Malley, James - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10011445291
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Fiscal multipliers in a two-sector search and matching model
Angelopoulos, Konstantinos; Jiang, Wei; Malley, James - Department of Economics, Adam Smith Business School - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … skill types. We …rst …nd that, the model does a good job at matching the cyclical properties of sectoral employment and the …
Persistent link: https://www.econbiz.de/10011157222
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Fiscal Multipliers in a Two-Sector Search and Matching Model
Konstantinos, Jiang, Wei Angelopoulos; Malley, Jim - CESifo - 2015
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10011163069