Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations
收藏NBER2009-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15282
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资源简介:
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
提供机构:
美国国家经济研究局
创建时间:
2009-08-01



