Solving the DMP Model Accurately
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下载链接:
https://www.nber.org/papers/w19208
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资源简介:
An accurate global algorithm is critical for quantifying the dynamics of the Diamond-Mortensen-Pissarides model. Loglinearization understates the mean and volatility of unemployment, overstates the unemployment-vacancy correlation, and ignores impulse responses that are an order of magnitude larger
提供机构:
美国国家经济研究局
创建时间:
2013-07-01



