Financial frictions, the housing market, and unemployment
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Publication:282152
DOI10.1016/j.jet.2015.07.008zbMath1369.91140OpenAlexW3122967257MaRDI QIDQ282152
Guillaume Rocheteau, Nicolas Petrosky-Nadeau, William A. Branch
Publication date: 12 May 2016
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: http://www.frbsf.org/economic-research/publications/working-papers/wp2014-26.pdf
Macroeconomic theory (monetary models, models of taxation) (91B64) Multisectoral models in economics (91B66) Matching models (91B68)
Related Items (6)
Are house prices responsible for unemployment persistence? ⋮ Imperfect knowledge, liquidity and bubbles ⋮ Money mining and price dynamics: the case of divisible currencies ⋮ The role of trading frictions in financial markets ⋮ Bounded rationality and unemployment dynamics ⋮ Capital concentration and wage inequality
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