Reconciling endogenous job destruction with labor market stylized facts: The role of hiring costs
Langue
EN
Article de revue
Ce document a été publié dans
Economics Letters. 2018, vol. 171, p. 198-201
Résumé en anglais
This note considers a Real Business Cycle model with search and matching frictions as well as purely endogenous separations in line with the model of Mortensen and Pissarides (1994) in order to solve the Shimer (2005) ...Lire la suite >
Mots clés en anglais
Business cycles
Firing cost
Hiring cost
Labor markets