G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4170
DP4170 Global Sourcing
Elhanan Helpman; Pol Antras
发表日期2004-01-23
出版年2004
语种英语
摘要We recalibrate den Haan, Haefke, and Ramey's matching model to incorporate our preferred specification of 'turbulence' as causing distinct dynamics of human capital after voluntary and involuntary job losses. Under our calibration, with high unemployment benefits, an increase in turbulence increases the unemployment rate and the duration of unemployment while leaving the inflow rate into unemployment roughly unchanged, mirroring features of European data in the 1980s and 1990s. The essential issue is that den Haan, Haefke, and Ramey specify that in turbulent times workers experiencing layoffs and quits are both subject to instantaneous skill losses, while we restrict instantaneous skill losses to laid off workers.
主题Labour Economics
关键词European unemployment Turbulence
URLhttps://cepr.org/publications/dp4170
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533141
推荐引用方式
GB/T 7714
Elhanan Helpman,Pol Antras. DP4170 Global Sourcing. 2004.
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