Zobrazeno 1 - 10
of 29
pro vyhledávání: '"Antonella Trigari"'
We study the importance of financial markets for (un)employment fluctuations in a model with searching and matching frictions where firms issue debt under limited enforcement. Higher debt allows employers to bargain lower wages which in turn increase
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::4a67eecc4354e5b80cb925fcdfdc95ad
https://hdl.handle.net/11565/4053266
https://hdl.handle.net/11565/4053266
Publikováno v:
SSRN Electronic Journal.
We develop a new method for estimating industry-level and aggregate total factor productivity (TFP) growth. Our method accounts for profits and adjustment costs, and uses firm surveys to proxy for changes in factor utilization. Using it to compute TF
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::af23108e24130ba300f22aeec88c6835
https://doi.org/10.3386/w28008
https://doi.org/10.3386/w28008
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Using US annual data spanning four decades and several business cycles, we show that that job flow rates of young firms are more cyclical than those of mature firms and detect no difference between the cyclicality of job flow rates of small and large
Publikováno v:
NBER International Seminar on Macroeconomics. 9:345-404
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and the Great
Publikováno v:
SSRN Electronic Journal.
Macroeconomic models often incorporate some form of wage stickiness to help account for employment fluctuations. However, a recent literature calls into question this approach, citing evidence of new hire wage cyclicality from panel data studies as e