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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4170 |
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 |
URL | https://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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