Economics, Econometrics and Finance
3 years ago

Shocks to Labor Market Frictions Drive Fluctuations in Employment

2 views
Gross Worker Flows and Fluctuations in the Aggregate Labor Market
Per Krusell, Toshihiko Mukoyama, Richard Rogerson, Ayşegül Şahin

Paper Summary

The study looked at how changes in labor market frictions affect fluctuations in employment, unemployment, and nonparticipation. The researchers found that labor market frictions have a big impact on labor market fluctuations, unlike what traditional theories have focused on.

Related papers

Theme background image
Engineering
3 years ago

Recycled Concrete Mixtures Show Promising Mid-Strength Properties for Construction Projects

Recycled Concrete
1 view
Theme background image
Social Sciences
6 years ago

University students' quality needs drive education improvements, Kano model reveals.

Education Technology
Governance Studies
Education Trends
4 views
Theme background image
Engineering
8 years ago

High-performance recycled aggregate revolutionizes construction industry with sustainable concrete solutions.

Recycled Concrete