| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5576 |
| DP5576 Estimating Trade Restrictiveness Indices | |
| Marcelo Olarreaga; Alessandro Nicita; Hiau Looi Kee | |
| 发表日期 | 2006-03-22 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper examines competitive search equilibrium when workers' effort choice and 'type' are private information. We derive a modified Hosios Rule determining the allocation of resources, and analyze how private information influences the responsiveness of the unemployment rate to changes in macroeconomic variables. Most importantly, private information increases the responsiveness of the unemployment rate to changes in the general (type- and effort independent) productivity level. If the changes also affect the information structure, the responsiveness of the unemployment rate may be large, even if the changes in expected productivity are small. |
| 主题 | Labour Economics |
| 关键词 | Private information Search Unemployment Wage rigidity |
| URL | https://cepr.org/publications/dp5576 |
| 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/534429 |
| 推荐引用方式 GB/T 7714 | Marcelo Olarreaga,Alessandro Nicita,Hiau Looi Kee. DP5576 Estimating Trade Restrictiveness Indices. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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