Labor-market volatility in the search-and-matching model: the role of investment-specific technology shocks

DOI10.1016/J.JEDC.2010.04.009MaRDI QIDQ991406zbMATH OpenOpenAlexFDO

Authors R. Faccini, Salvador Ortigueira

Publication date 7 September 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/1814/9892

zbMATH Keywords

search and matchingadjustment costsfactor adjustment dynamicsinvestment-specific technologylabor market fluctuations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• A Two-Sector Model of Endogenous Growth with Leisure
• Business cycles, unemployment insurance, and the calibration of matching models
• Does intrafirm bargaining matter in the large firm's matching model?
• Incentives in competitive search equilibrium
• Intra-Firm Bargaining under Non-Binding Contracts
• Job Creation and Job Destruction in the Theory of Unemployment
• Job matching and propagation
• On the Nature of Capital Adjustment Costs
• Optimal Growth with a Convex-Concave Production Function
• Private Information, Wage Bargaining and Employment Fluctuations
• Technology Shocks and Job Flows
• Technology?Policy Interaction in Frictional Labour-Markets
• The unemployment volatility puzzle: is wage stickiness the answer?

Cited in

(12)

• New evidence, old puzzles: Technology shocks and labor market dynamics
• Technological choices and unemployment benefits in a matching model with heterogeneous workers
• Technology Shocks and Job Flows
• The effects of permanent technology shocks on hours: can the RBC-model fit the VAR evidence?
• Deep habits and the cyclical behaviour of equilibrium unemployment and vacancies
• Job matching and propagation
• Technology shocks and sectoral labour market spill-overs
• Technological learning and labor market dynamics
• Investment, matching and persistence in a modified cash-in-advance economy
• Labor market volatility in a fully specified RBC search model: an analytical investigation
• Search frictions and evolving labour market dynamics
• Uncertainty-driven labor market fluctuations

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