Financial Disruptions and the Cyclical Upgrading of Labor /

Amid total factor productivity (TFP) shocks job-to-job flows amplify the volatility of unemployment, but the aggregate implications of job-to-job flows amid financial shocks are less understood. To develop such understanding we model a general equilibrium labor-search framework that incorporates on-...

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Bibliografiske detaljer
Hovedforfatter: Epstein, Brendan
Andre forfattere: Finkelstein Shapiro, Alan, Gonzalez Gomez, Andres
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2017.
Serier:IMF Working Papers; Working Paper ; No. 2017/131
Online adgang:Full text available on IMF