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dc.rights.licenseopenen_US
hal.structure.identifierGroupe de Recherche en Economie Théorique et Appliquée [GREThA]
dc.contributor.authorRASTOUIL, Jeremy
IDREF: 22832386X
dc.date.accessioned2020-02-19T21:53:27Z
dc.date.available2020-02-19T21:53:27Z
dc.date.issued2018
dc.identifier.issn1651765en_US
dc.identifier.urihttps://oskar-bordeaux.fr/handle/20.500.12278/3605
dc.description.abstractEnThis 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) puzzle. This puzzle shows the inconsistency of such a model to capture the high volatility of labor market variables (unemployment, vacancies) and cyclical property (Beveridge curve, job creation and destruction). Using hiring costs rather than vacancy posting cost in this setup allows to solve this puzzle.
dc.language.isoENen_US
dc.subject.enBusiness cycles
dc.subject.enFiring cost
dc.subject.enHiring cost
dc.subject.enLabor markets
dc.title.enReconciling endogenous job destruction with labor market stylized facts: The role of hiring costs
dc.title.alternativeEcon. Lett.en_US
dc.typeArticle de revueen_US
dc.identifier.doi10.1016/j.econlet.2018.07.042en_US
dc.subject.halEconomie et finance quantitative [q-fin]en_US
dc.subject.halÉconomie et finance quantitative [q-fin]
bordeaux.journalEconomics Lettersen_US
bordeaux.page198-201en_US
bordeaux.volume171en_US
bordeaux.hal.laboratoriesGroupe de Recherche en Economie Théorique et Appliquée (GREThA) - UMR 5113en_US
bordeaux.institutionUniversité de Bordeauxen_US
bordeaux.peerReviewedouien_US
bordeaux.inpressnonen_US
hal.identifierhal-03116631
hal.version1
hal.date.transferred2021-01-20T13:43:54Z
hal.exporttrue
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