المستودع الأكاديمي جامعة المدينة

Complementarity of labor market institutions, equilibrium unemployment and the propagation of business cycles

أعرض تسجيلة المادة بشكل مبسط

dc.creator Burda, Michael C.
dc.creator Weder, Mark
dc.date 2001
dc.date.accessioned 2013-10-16T07:04:45Z
dc.date.available 2013-10-16T07:04:45Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19413
dc.identifier ppn:331924935
dc.identifier RePEc:zbw:hwwadp:26367
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19413
dc.description This paper evaluates complementarities of labor market institutions and the business cycle in the context of a stochastic dynamic general equilibrium model economy. Matching between workers and vacancies with endogenous time spent in search, Nash-bargained wages, payroll taxation, and differential support for unemployed labor in search and leisure are central aspects of the model. For plausible regions of the policy and institutional parameter space, the model exhibits more persistence than standard RBC models and can ex- hibit indeterminacy of rational expectations paths without increasing returns in production. Furthermore, labor market institutions act in a complementary fashion in generating these effects.
dc.language eng
dc.publisher
dc.relation HWWA Discussion Paper 138
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Arbeitslosigkeit
dc.subject Arbeitsmarktflexibilisierung
dc.subject Stochastisches Wachstumsmodell
dc.subject Allgemeines Gleichgewicht
dc.subject Real Business Cycle
dc.subject Schätzung
dc.subject Theorie
dc.subject Deutschland
dc.subject Vereinigte Staaten
dc.title Complementarity of labor market institutions, equilibrium unemployment and the propagation of business cycles
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط