ListarUJI: Investigación por tema "Business cycles"
Mostrando ítems 1-2 de 2
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Endogenous credit dynamics as source of business cycles in the EURACE model
Springer Verlag (2010)The paper investigates the relationship between the amount of credit money in the economy and the variability of output and prices in the EURACE model. First we examine if the decision about dividends payment by the firms ... -
Separation costs, job heterogeneity and labor market volatility in the matching model
Elsevier (2008)This paper extends the standard matching model by introducing a gap in separation costs between entrant and incumbent workers. We show that when this gap is omitted from the model, these costs do not improve the labor ...