Labor market dynamics: a time-varying analysis

This paper studies how key labor market stylized facts and the responses of labor market variables to technology shocks vary over the US postwar period. It uses a benchmark DSGE model enriched with labor market frictions and investment specific technological progress that enables a novel identifica...

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Autors principals: Zanetti, F, Mumtaz, H
Format: Working paper
Publicat: University of Oxford 2014