Welfare Cost of Fluctuations When Labor Market Search Interacts with Financial Frictions
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Material Type |
Article
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Author(s) |
ILIOPULOS, ELENI (Author)
LANGOT, FRANCOIS (Author)
SOPRASEUTH, THEPTHIDA (Author)
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Source Journal Info. |
Title:
Journal of Money, Credit, and Banking
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Volume/ Issue No.: 2019/DEC V.51 N.8
Call No.:332.05 JMC Location: Periodicals & References Hall - 2nd floor
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Physical Description |
p 2207-2237
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Subject Area/ Descriptors |
Economics
(9033)
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Abstract |
We study the welfare costs of business cycles in a search and matching model with financial frictions. The model replicates the volatility on labor and financial markets. Business cycle costs are sizable....
Full Abstract
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| More Articles from:
Journal:
Journal of Money, Credit, and Banking
(532)
Issu: 2019/DEC V.51 N.8
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