Business Cycles and Labor-Market Search

American Economic Review

Volumn 86, Issue 1, 1996, Pages 112-132

  Andolfatto, David ^a,b  

^a UNIVERSITY OF WATERLOO   (Canada)

^b RCEEF   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

BUSINESS CYCLE; ECONOMIC FLUCTUATION; EMPLOYMENT LEVEL; LABOUR MARKET; METHODOLOGICAL EVALUATION; MODELLING APPROACH;

EID: 0029799225     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (41)

1. Abraham, Katherine and Katz, Lawrence. "Cyclical Unemployment: Sectoral Shifts or Aggregate Disturbances?" Journal of Political Economy, June 1986, 94(3), pp. 207-48.
2. Bencivenga, Valerie. "An Econometric Study of Hours and Output Variation with Preference Shocks." International Economic Review, May 1992, 33(2), pp. 449-71.
3. Blanchard, Olivier J. and Diamond, Peter A. "The Beveridge Curve." Brookings Papers on Economic Activity, 1989, (1), pp. 1-76.
4. _. "The Cyclical Behavior of the Gross Flows of U.S. Workers." Brookings Papers on Economic Activity, 1990, (2), pp. 85-143.
5. Burnside, Craig; Eichenbaum, Martin and Rebelo, Sergio T. "Labor Hoarding and the Business Cycle." Journal of Political Economy, April 1993, 101(2), pp. 245-73.
6. Christiano, Lawrence J. and Eichenbaum, Martin. "Current Real-Business-Cycle Theories and Aggregate Labor Market Fluctuations." American Economic Review, June 1992, 82(3), pp. 430-50.
7. Clark, Kim B. "Unemployment Insurance and Labor Market Transitions," in Lawrence Summers, eds., Understanding unemployment. Cambridge, MA: MIT Press, 1990.
8. Cogley, Timothy and Nason, James M. "Do Real Business Cycle Models Pass the Nelson-Plosser Test?" Working Paper, University of British Columbia, 1992.
9. Coleman II, Wilbur. "Equilibrium in a Production Economy with an Income Tax." Econometrica, July 1991, 59(4), pp. 1091-104.
10. Davis, Steve and Haltiwanger, John. "Gross Job Creation and Destruction: Microeconomic Evidence and Macroeconomic Implications." Working Paper, 1990.
11. _. "Gross Job Creation, Gross Job Destruction, and Employment Reallocation." Quarterly Journal of Economics, August 1992, 107(3), pp. 819-64.
12. Gomme, Paul and Greenwood, Jeremy. "On the Cyclical Allocation of Risk." Journal of Economic Dynamics and Control, 1995, 19, pp. 91-124.
13. Greenwood, Jeremy; Hercowitz, Zvi and Huffman, Gregory. "Investment, Capacity Utilization, and the Real Business Cycle." American Economic Review, June 1988, 78(3), pp. 402-17.
14. Hansen, Gary. "Indivisible Labor and the Business Cycle." Journal of Monetary Economics, November 1985, 16(3), pp. 309-27.
15. Hornstein, Andreas and Praschnik, Jack. "The Real Business Cycle: Intermediate Inputs and Sectoral Comovement." Working Paper, University of Western Ontario, 1994.
16. Hosios, Arthur J. "On the Efficiency of Matching and Related Models of Search and Unemployment." Review of Economic Studies, April 1990, 57(2), pp. 279-98.
17. Howitt, Peter. "Business Cycles with Costly Search and Recruiting." Quarterly Journal of Economics, February 1988, 103(1), pp. 147-65.
18. Kydland, Finn and Prescott, Edward C. "Time to Build and Aggregate Fluctuations." Econometrica, November 1982, 50(6), pp. 1345-70.
19. _. "The Computational Experiment as an Econometric Tool." Working Paper, Federal Reserve Bank of Minneapolis, 1994.
20. Lilien, David. "Sectoral Shifts and Cyclical Unemployment." Journal of Political Economy, August 1982, 90(4), pp. 777-93.
21. Long, John and Plosser, Charles. "Real Business Cycles." Journal of Political Economy, February 1983, 91(1), pp. 39-69.
22. MaCurdy, Thomas. "An Empirical Model of Labor Supply in a Life-Cycle Setting." Journal of Political Economy, December 1981, 89(6), pp. 1059-85.
23. Medoff, James. "U.S. Labor Markets: Imbalance, Wage Growth, and Productivity in the 1970's." Brookings Papers on Economic Activity, 1983, (1), pp. 87-120.
24. Merz, Monika. "Search in the Labor Market and the Real Business Cycle." Working Paper, Northwestern University, 1992.
25. _. "Heterogeneous Job-Matches and the Cyclical Behavior of Labor Turnover." Working Paper, Northwestern University, 1993.
26. Mortensen, Dale T. "Search Equilibrium and Real Business Cycles." Working Paper, Northwestern University, 1990.
27. _. "The Cyclical Behavior of Job and Worker Flows." Working Paper, Northwestern University, 1993.
28. Nelson, Charles R. and Plosser, Charles I. "Trends and Random Walks in Macroeconomic Time Series." Journal of Monetary Economics, September 1982, 10(2), pp. 139-62.
29. Phelps, Edmund S. et al. Microeconomic foundations of employment and inflation theory. New York: W. W. Norton, 1970.
30. Pissarides, Christopher A. "Short-Run Equilibrium Dynamics of Unemployment, Vacancies, and Real Wages." American Economic Review, September 1985, 75(4), pp. 676-90.
31. _. "Unemployment and Vacancies in Britain." Economic Policy, 1986, 3, pp. 473-84.
32. _. "Search, Wage Bargains, and Cycles." Review of Economic Studies, July 1987, 54(3), pp. 473-83.
33. _. Equilibrium unemployment theory. Oxford: Blackwell, 1990.
34. Prasad, Eswar. "Labor Market Dynamics in an Equilibrium Business Cycle Model with Heterogeneous Labor." Working Paper, International Monetary Fund, 1993.
35. Prescott, Edward C. "Theory Ahead of Measurement." Federal Reserve Bank of Minneapolis, Quarterly Review, Fall 1986, 10(4), pp. 9-21.
36. Rogerson, Richard. "Indivisible Labor, Lotteries and Equilibrium." Journal of Monetary Economic, January 1988, 21(1), pp. 3-16.
37. Solon, Gary; Barsky, Robert and Parker, Jonathan. "Measuring the Cyclicality of Real Wages: How Important is the Composition Bias?" Quarterly Journal of Economics, February 1994, 109(1), pp. 1-26.
38. Stokey, Nancy and Lucas, Robert E., Jr. Recursive methods in economic dynamics, with Edward C. Prescott. Cambridge, MA: Harvard University Press, 1989.
39. van Ours, Jan C. and Ridder, Geert. "Vacancies and the Recruitment of New Employees." Journal of Labor Economics, April 1992, 10(2), pp. 138-55.
40. Walsh, John; Johnson, Miriam and Sugarman, Marged. Help wanted: Case studies of classified ads. Salt Lake City, UT: Olympus Publishing Company, 1975.
41. Wright, Randall. "Job Search and Cyclical Unemployment." Journal of Political Economy, February 1986, 94(1), pp. 38-55.