Reconciling endogenous job destruction with labor market stylized facts: The role of hiring costs
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Article de revue
Este ítem está publicado en
Economics Letters. 2018, vol. 171, p. 198-201
Resumen en inglés
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) ...Leer más >
Palabras clave en inglés
Business cycles
Firing cost
Hiring cost
Labor markets