Article : texte imprimé

Unemployment and vacancy dynamics with imperfect financial markets

Carlos Carrillo-Tudela ; Michael Graber ; Klaus Waelde |

Dans Labour economics (vol. 50, March 2018)

This paper proposes a simple general equilibrium model with labour market frictions and an imperfect financial market. The aim of the paper is to analyse the transitional dynamics of unemployment and vacancies when financial constraints are in p[...]

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