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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15282 |
来源ID | Working Paper 15282 |
Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations | |
Per Krusell; Toshihiko Mukoyama; Aysegul Sahin | |
发表日期 | 2009-08-20 |
出版年 | 2009 |
语种 | 英语 |
摘要 | We analyze a Bewley-Huggett-Aiyagari incomplete-markets model with labor-market frictions. Consumers are subject to idiosyncratic employment shocks against which they cannot insure directly. The labor market has a Diamond-Mortensen-Pissarides structure: firms enter by posting vacancies and match with workers bilaterally, with match probabilities given by an aggregate matching function. Wages are determined through Nash bargaining. We also consider aggregate productivity shocks, and a complete set of contingent claims conditional on this risk. |
主题 | Microeconomics ; Market Structure and Distribution ; General Equilibrium ; Macroeconomics ; Business Cycles ; Labor Economics ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w15282 |
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/572956 |
推荐引用方式 GB/T 7714 | Per Krusell,Toshihiko Mukoyama,Aysegul Sahin. Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations. 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 | ||
w15282.pdf(496KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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