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    • Publications (6)
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  • Tags: Beveridge curve
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  1. Publication

    The aggregate effects of long run sectoral reallocation

    01.05.2014

    The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These...

  2. Publication

    Sector-Specific Productivity Shocks in a Matching Model

    01.05.2010

    Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve (i.e. the negative correlation between unemployment and vacancies) and business cycle statistics jointly. This paper builds upon the...

  3. Publication

    Ramsey Optimal Monetary Policy in Response to Shifts in the Beveridge Curve

    01.01.2013

    I use a dynamic stochastic general equilibrium model with search and matching frictions in the labor market and analyze the optimal monetary policy response to an outward shift in the Beveridge curve. The shift results from an exogenous deline in the...

  4. Publication

    On the Introduction of Firing Costs

    01.01.2009

    This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial equilibrium context. In addition, we expand our analysis two types of firing costs in a New Keynesian model...

  5. Publication

    Layoff Taxes, Unemployment Insurance, and Business Cycle Fluctuations

    01.01.2015

    This paper studies the role of labor market institutions in business cycle fluctuations. We develop a DSGE model with search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on experience...

  6. Publication

    Firing Costs in a Business Cycle Model with Endogenous Separations

    01.01.2009

    This paper introduces productivity-dependent firing costs into an otherwise standard endogenous separations matching model. We suggest an alternative to the standard fix cost approach and account for empirical evidence emphasizing that firing costs...

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