Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations
收藏数据链接：
官方服务：
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
