Deep habits and the cyclical behaviour of equilibrium unemployment and vacancies

DOI10.1016/J.JEDC.2011.03.014zbMath1238.91103OpenAlexW3121713819MaRDI QIDQ413319

Renato Faccini, Federico Di Pace

Publication date: 4 May 2012

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2011.03.014

zbMATH Keywords

business cyclessearch and matchingdeep habitslabour market fluctuations

Mathematics Subject Classification ID

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

Related Items (1)

Composite habits and international transmission of business cycles

Cites Work

• Business cycles, unemployment insurance, and the calibration of matching models
• Solving dynamic general equilibrium models using a second-order approximation to the policy function
• Labor-market volatility in the search-and-matching model: the role of investment-specific technology shocks
• Job matching and propagation
• Incentives in Competitive Search Equilibrium
• Private Information, Wage Bargaining and Employment Fluctuations
• Deep Habits
• The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?
• Intra-Firm Bargaining under Non-Binding Contracts
• Panel data analysis of household brand choices

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