| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26878 |
| 来源ID | Working Paper 26878 |
| Gross Worker Flows and Fluctuations in the Aggregate Labor Market | |
| Per Krusell; Toshihiko Mukoyama; Richard Rogerson; Ayşegül Şahin | |
| 发表日期 | 2020-03-23 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We build a three-state general equilibrium model of the aggregate labor market that features both standard labor supply forces and labor market frictions. Our model matches key features of the cyclical properties of employment, unemployment, and nonparticipation as well as those of gross worker flows across these three labor market states. Our key finding is that shocks to labor market frictions play a dominant role in accounting for labor market fluctuations. This is in contrast to the focus of the traditional RBC literature, which emphasized how employment fluctuations arise as a consequence of labor supply responses to price changes induced by TFP shocks. |
| 主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w26878 |
| 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/584551 |
| 推荐引用方式 GB/T 7714 | Per Krusell,Toshihiko Mukoyama,Richard Rogerson,et al. Gross Worker Flows and Fluctuations in the Aggregate Labor Market. 2020. |
| 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 | ||
| w26878.pdf（405KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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