메뉴 건너뛰기




Volumn 48, Issue 1, 2001, Pages 109-152

Equilibrium unemployment

Author keywords

Business cycles; E24; E32; Incomplete markets; Search; Unemployment insurance; Welfare costs of business cycles

Indexed keywords


EID: 0001177515     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(01)00071-X     Document Type: Article
Times cited : (76)

References (50)
  • 2
    • 21844504524 scopus 로고
    • Uninsured idiosyncratic risk and aggregate savings
    • Aiyagari S.R. Uninsured idiosyncratic risk and aggregate savings. Quarterly Journal of Economics. CIX:1994;659-683.
    • (1994) Quarterly Journal of Economics , vol.109 , pp. 659-683
    • Aiyagari, S.R.1
  • 5
    • 0029799225 scopus 로고    scopus 로고
    • Business cycles and labor market search
    • Andolfatto D. Business cycles and labor market search. American Economic Review. 86:1996;112-132.
    • (1996) American Economic Review , vol.86 , pp. 112-132
    • Andolfatto, D.1
  • 7
    • 0003507977 scopus 로고    scopus 로고
    • Unpublished Paper, Department of Economics, Northwestern University.
    • Barlevy, G., 2000. The Sullying Effect of Recessions. Unpublished Paper, Department of Economics, Northwestern University.
    • (2000) The Sullying Effect of Recessions
    • Barlevy, G.1
  • 8
    • 84936146987 scopus 로고
    • Homework in macroeconomics: Household production and aggregate fluctuations
    • Benhabib J., Rogerson R., Wright R. Homework in macroeconomics: household production and aggregate fluctuations. Journal of Political Economy. 99:1991;1166-1187.
    • (1991) Journal of Political Economy , vol.99 , pp. 1166-1187
    • Benhabib, J.1    Rogerson, R.2    Wright, R.3
  • 10
    • 0028551733 scopus 로고
    • Gross worker and job flows in Europe
    • Burda M., Wyplosz C. Gross worker and job flows in Europe. European Economic Review. 38:1994;1287-1315.
    • (1994) European Economic Review , vol.38 , pp. 1287-1315
    • Burda, M.1    Wyplosz, C.2
  • 11
  • 12
    • 0040909354 scopus 로고    scopus 로고
    • Can the Mortensen-Pissarides matching model match the business cycle facts?
    • Cole H.L., Rogerson R. Can the Mortensen-Pissarides matching model match the business cycle facts? International Economic Review. 40:1999;933-959.
    • (1999) International Economic Review , vol.40 , pp. 933-959
    • Cole, H.L.1    Rogerson, R.2
  • 13
    • 0003317085 scopus 로고
    • Economic growth and business cycles
    • T.F. Cooley. Princeton, NJ: Princeton University Press
    • Cooley T.F., Prescott E.C. Economic growth and business cycles. Cooley T.F. Frontiers of Business Cycle Research. 1995;1-38 Princeton University Press, Princeton, NJ.
    • (1995) Frontiers of Business Cycle Research , pp. 1-38
    • Cooley, T.F.1    Prescott, E.C.2
  • 15
    • 0039735643 scopus 로고
    • On the role of consumption and decreasing absolute risk aversion in the theory of job search.
    • S. Lippman, & J. McCall. New York: North-Holland
    • Danforth J. On the role of consumption and decreasing absolute risk aversion in the theory of job search. Lippman S., McCall J. Studies in the Economics of Search. 1979;109-131 North-Holland, New York.
    • (1979) Studies in the Economics of Search , pp. 109-131
    • Danforth, J.1
  • 17
    • 0031352533 scopus 로고    scopus 로고
    • Solving dynamic models with aggregate shocks and heterogeneous agents
    • Den Haan W.J. Solving dynamic models with aggregate shocks and heterogeneous agents. Macroeconomic Dynamics. 1:1997;355-386.
    • (1997) Macroeconomic Dynamics , vol.1 , pp. 355-386
    • Den Haan, W.J.1
  • 19
    • 38249016068 scopus 로고
    • Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model
    • Devereux M.B., Gregory A.W., Smith G.W. Realistic cross-country consumption correlations in a two-country, equilibrium, business cycle model. Journal of International Money and Finance. 11:1992;3-16.
    • (1992) Journal of International Money and Finance , vol.11 , pp. 3-16
    • Devereux, M.B.1    Gregory, A.W.2    Smith, G.W.3
  • 22
    • 0001322304 scopus 로고    scopus 로고
    • The consumption smoothing benefits of unemployment insurance
    • Gruber J. The consumption smoothing benefits of unemployment insurance. American Economic Review. 87:1997;192-205.
    • (1997) American Economic Review , vol.87 , pp. 192-205
    • Gruber, J.1
  • 24
    • 33751189676 scopus 로고
    • Indivisible labor and the business cycle
    • Hansen G.D. Indivisible labor and the business cycle. Journal of Monetary Economics. 16:1985;309-327.
    • (1985) Journal of Monetary Economics , vol.16 , pp. 309-327
    • Hansen, G.D.1
  • 25
    • 84934563991 scopus 로고
    • The role of unemployment insurance in an economy with liquidity constraints and moral hazard
    • Hansen G.D., Imrohoroglu A. The role of unemployment insurance in an economy with liquidity constraints and moral hazard. Journal of Political Economy. 100:1992;118-142.
    • (1992) Journal of Political Economy , vol.100 , pp. 118-142
    • Hansen, G.D.1    Imrohoroglu, A.2
  • 26
    • 4243088649 scopus 로고    scopus 로고
    • Evaluating the effects of incomplete markets on risk sharing and asset pricing
    • Heaton J., Lucas D. Evaluating the effects of incomplete markets on risk sharing and asset pricing. Journal of Political Economy. 104:1996;443-487.
    • (1996) Journal of Political Economy , vol.104 , pp. 443-487
    • Heaton, J.1    Lucas, D.2
  • 27
    • 85048901435 scopus 로고
    • Job turnover and policy evaluation: A general equilibrium analysis
    • Hopenhayn H., Rogerson R. Job turnover and policy evaluation: a general equilibrium analysis. Journal of Political Economy. 101:1993;915-938.
    • (1993) Journal of Political Economy , vol.101 , pp. 915-938
    • Hopenhayn, H.1    Rogerson, R.2
  • 29
    • 0031206372 scopus 로고    scopus 로고
    • The one sector growth model with idiosyncratic shocks: Steady states and dynamics
    • Huggett M. The one sector growth model with idiosyncratic shocks: steady states and dynamics. Journal of Monetary Economics. 39:1997;385-403.
    • (1997) Journal of Monetary Economics , vol.39 , pp. 385-403
    • Huggett, M.1
  • 30
    • 0001329790 scopus 로고
    • Work, rest and search: Unemployment, turnover and the cycle
    • Jovanovic B. Work, rest and search: unemployment, turnover and the cycle. Journal of Labor Economics. 5:1987;131-148.
    • (1987) Journal of Labor Economics , vol.5 , pp. 131-148
    • Jovanovic, B.1
  • 31
    • 84983998492 scopus 로고
    • A comparative analysis of household wealth patterns in France and the United States
    • Kessler D., Wolff E.N. A comparative analysis of household wealth patterns in France and the United States. Review of Income and Wealth. 37:1991;249-266.
    • (1991) Review of Income and Wealth , vol.37 , pp. 249-266
    • Kessler, D.1    Wolff, E.N.2
  • 32
    • 0032451887 scopus 로고    scopus 로고
    • Income and wealth heterogeneity in the macroeconomy
    • Krusell P., Smith A.A. Income and wealth heterogeneity in the macroeconomy. Journal of Political Economy. 106:1998;867-896.
    • (1998) Journal of Political Economy , vol.106 , pp. 867-896
    • Krusell, P.1    Smith, A.A.2
  • 33
    • 0001240167 scopus 로고
    • Random earnings differences, lifetime liquidity constraints, and altruistic intergenerational transfers
    • Laitner J. Random earnings differences, lifetime liquidity constraints, and altruistic intergenerational transfers. Journal of Economic Theory. 58:1992;135-170.
    • (1992) Journal of Economic Theory , vol.58 , pp. 135-170
    • Laitner, J.1
  • 37
    • 0030405730 scopus 로고    scopus 로고
    • Measures of replacement rates for the purpose of international comparisons: A note
    • Martin J. Measures of replacement rates for the purpose of international comparisons: a note. OECD Economic Studies. 26:1996;99-115.
    • (1996) OECD Economic Studies , vol.26 , pp. 99-115
    • Martin, J.1
  • 38
    • 0000424460 scopus 로고
    • An empirical model of the labor supply in a life cycle setting
    • MaCurdy T. An empirical model of the labor supply in a life cycle setting. Journal of Political Economy. 89:1981;1059-1085.
    • (1981) Journal of Political Economy , vol.89 , pp. 1059-1085
    • MacUrdy, T.1
  • 40
    • 0000605080 scopus 로고
    • Search in the labor market and the real business cycle
    • Merz M. Search in the labor market and the real business cycle. Journal of Monetary Economics. 36:1995;269-300.
    • (1995) Journal of Monetary Economics , vol.36 , pp. 269-300
    • Merz, M.1
  • 41
    • 0041375898 scopus 로고    scopus 로고
    • The cyclical behavior of labor turnover: empirical evidence of the complexity of net flows
    • Department of Economics, Rice University.
    • Merz, M., 1996. The cyclical behavior of labor turnover: empirical evidence of the complexity of net flows. Working Paper, Department of Economics, Rice University.
    • (1996) Working Paper
    • Merz, M.1
  • 42
    • 84963060954 scopus 로고
    • Job creation and job destruction in the theory of unemployment
    • Mortensen D.T., Pissarides C. Job creation and job destruction in the theory of unemployment. The Review of Economic Studies. 61:1994;397-415.
    • (1994) The Review of Economic Studies , vol.61 , pp. 397-415
    • Mortensen, D.T.1    Pissarides, C.2
  • 43
    • 0027036644 scopus 로고
    • The role of household production in models of involuntary unemployment and underemployment
    • Nosal E., Rogerson R., Wright R. The role of household production in models of involuntary unemployment and underemployment. Canadian Journal of Economics. 25:1992;507-520.
    • (1992) Canadian Journal of Economics , vol.25 , pp. 507-520
    • Nosal, E.1    Rogerson, R.2    Wright, R.3
  • 44
    • 23544433759 scopus 로고    scopus 로고
    • Job search and asset accumulation under borrowing constraints
    • New York University.
    • Rendón, S., 1996. Job search and asset accumulation under borrowing constraints. Working Paper, New York University.
    • (1996) Working Paper
    • Rendón, S.1
  • 45
    • 34147175261 scopus 로고
    • Indivisible labor, lotteries and equilibrium
    • Rogerson R. Indivisible labor, lotteries and equilibrium. Journal of Monetary Economics. 21:1988;3-16.
    • (1988) Journal of Monetary Economics , vol.21 , pp. 3-16
    • Rogerson, R.1
  • 46
    • 0000255478 scopus 로고
    • Are workers permanently scarred by job displacement?
    • Ruhm C. Are workers permanently scarred by job displacement? American Economic Review. 81:1991;319-324.
    • (1991) American Economic Review , vol.81 , pp. 319-324
    • Ruhm, C.1
  • 48
    • 0001518154 scopus 로고
    • Quadrature-based methods for obtaining approximate solutions for non-linear asset pricing models
    • Tauchen G., Hussey R. Quadrature-based methods for obtaining approximate solutions for non-linear asset pricing models. Econometrica. 59:1990;371-396.
    • (1990) Econometrica , vol.59 , pp. 371-396
    • Tauchen, G.1    Hussey, R.2
  • 49
    • 84934752924 scopus 로고
    • Job search and cyclical unemployment
    • Wright R. Job search and cyclical unemployment. Journal of Political Economy. 94:1986;38-55.
    • (1986) Journal of Political Economy , vol.94 , pp. 38-55
    • Wright, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.