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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15251 |
来源ID | Working Paper 15251 |
A Three State Model of Worker Flows in General Equilibrium | |
Per Krusell; Toshihiko Mukoyama; Richard Rogerson; Aysegul Sahin | |
发表日期 | 2009-08-13 |
出版年 | 2009 |
语种 | 英语 |
摘要 | We develop a simple model featuring search frictions and a nondegenerate labor supply decision along the extensive margin. The model is a standard version of the neoclassical growth model with indivisible labor with idiosyncratic shocks and frictions characterized by employment loss and employment opportunity arrival shocks. We argue that it is able to account for the key features of observed labor market flows for reasonable parameter values. Persistent idiosyncratic productivity shocks play a key role in allowing the model to match the persistence of the employment and out of the labor force states found in individual labor market histories. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w15251 |
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/572927 |
推荐引用方式 GB/T 7714 | Per Krusell,Toshihiko Mukoyama,Richard Rogerson,et al. A Three State Model of Worker Flows in General Equilibrium. 2009. |
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 | ||
w15251.pdf(272KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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