The (un)importance of unemployment fluctuations for the welfare cost of business cycles

DOI10.1016/J.JEDC.2011.05.008zbMath1283.91128OpenAlexW2082681538MaRDI QIDQ647667

Keith Kuester, Philip Jung

Publication date: 24 November 2011

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2011.05.008

zbMATH Keywords

unemploymentsearch and matchingcost of business cycles

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (3)

Positive welfare effects of trade barriers in a dynamic partial equilibrium model ⋮ Solving the Diamond-Mortensen-Pissarides model: a hybrid perturbation approach ⋮ Welfare effects of business cycles and monetary policies in a small open emerging economy

Cites Work

• Solving dynamic general equilibrium models using a second-order approximation to the policy function
• Macroeconomic priorities and crash states
• Calculating and using second-order accurate solutions of discrete time dynamic equilibrium models
• Two Questions about European Unemployment

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