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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15252 |
来源ID | Working Paper 15252 |
Aggregate Labor Market Outcomes: The Role of Choice and Chance | |
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 | Commonly used frictional models of the labor market imply that changes in frictions have large effects on steady state employment and unemployment. We use a model that features both frictions and an operative labor supply margin to examine the robustness of this feature to the inclusion of a empirically reasonable labor supply channel. The response of unemployment to changes in frictions is similar in both models. But the labor supply response present in our model greatly attenuates the effects of frictions on steady state employment relative to the simplest matching model, and two common extensions. We also find that the presence of empirically plausible frictions has virtually no impact on the response of aggregate employment to taxes. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w15252 |
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/572928 |
推荐引用方式 GB/T 7714 | Per Krusell,Toshihiko Mukoyama,Richard Rogerson,et al. Aggregate Labor Market Outcomes: The Role of Choice and Chance. 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 | ||
w15252.pdf(248KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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