Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10000997629
In this paper, we analyze the dynamic behavior of employment and hours worked per worker in a stochastic general equilibrium model with a matching mechanism between vacancies and unemployed workers. The model is estimated for the U.S. using the Generalized Methods of Moments (GMM) estimation...
Persistent link: https://www.econbiz.de/10014199210
In this paper, we analyze the dynamic behavior of employment and hours worked per worker in a stochastic general equilibrium model with a matching mechanism between vacancies and unemployed workers. The model is estimated for the U.S. using the Generalized Methods of Moments (GMM) estimation...
Persistent link: https://www.econbiz.de/10013102603
Persistent link: https://www.econbiz.de/10002468893
A dynamic general equilibrium model of financial intermediation and occupational choice is proposed based on empirical regularities, in order to study supply-side credit crunches and possible policy solutions. Asset accumulation by households as they face various employment and return risks over...
Persistent link: https://www.econbiz.de/10013154228
Persistent link: https://www.econbiz.de/10015053518