| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w8463 |
| 来源ID | Working Paper 8463 |
| Shocks and Institutions in a Job Matching Model | |
| Wouter Den Haan; Christian Haefke; Garey Ramey | |
| 发表日期 | 2001-09-01 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This paper explains the divergent behavior of European and US unemployment rates using a job market matching model of the labor market with an interaction between shocks and institutions. It shows that a reduction in TFP growth rates, an increase in real interest rates, and an increase in tax rates leads to a permanent increase in unemployment rates when the replacement rates or initial tax rates are high, while no increase in unemployment occurs when institutions are 'employment friendly.' The paper also shows that an increase in turbulence, modeled as an increased probability of skill loss, is not a robust explanation for the European unemployment puzzle in the context of a matching model with both endogenous job creation and job destruction. |
| 主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w8463 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566067 |
| 推荐引用方式 GB/T 7714 | Wouter Den Haan,Christian Haefke,Garey Ramey. Shocks and Institutions in a Job Matching Model. 2001. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w8463.pdf（404KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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