Endogenous business cycles with frictional labour markets

Economic Journal

Volumn 115, Issue 502, 2005, Pages

  Hashimzade, Nigar ^a   Ortigueira, Salvador ^b  

^a UNIVERSITY OF EXETER   (United Kingdom)

^b EUROPEAN UNIVERSITY INSTITUTE   (Italy)

Author keywords

[No Author keywords available]

Indexed keywords

BUSINESS CYCLE; JOB SEARCH; LABOR MARKET; RETURNS TO SCALE;

NORTH AMERICA; UNITED STATES; WESTERN HEMISPHERE; WORLD;

EID: 15044344963     PISSN: 00130133     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.0013-0133.2005.00985.x     Document Type: Article

References (13)

1. Andolfato, D. (1996). 'Business cycles and labor-market search', American Economic Review, vol. 86(1), pp. 112-32.
2. Benhabib, J. and Farmer, R. E. (1994). 'Indeterminacy and increasing returns', Journal of Economic Theory, vol. 63(1), pp. 19-41.
3. Cogley, T. and Nason, J. M. (1995). 'Output dynamics in real business cycle models', American Economic Review, vol. 85(3), pp. 492-511.
4. Cooley, T. F. and Prescott, E. C. (1995). Frontiers of Business Cycle Research, Princeton, NJ: Princeton University Press.
5. den Haan, W. J., Ramey, G. and Watson, J. (2000). 'Job destruction and propagation of shocks', American Economic Review, vol. 90(3), pp. 482-98.
6. Farmer, R. E. and Guo, T.-T. (1994). 'Real business cycles and the animal spirits', Journal of Economic Theory, vol. 63(1), pp. 42-72.
7. Hosios, A. J. (1990). 'On the efficiency of matching and related models of search and unemployment', Review of Economic Studies, vol. 57(2), pp. 279-98.
8. King, R. and Rebelo, S. (2000). 'Resuscitating real business cycles', NBER Working Paper 7534.
9. Merz, M. (1996). 'Search in the labor market and the real business cycle model', Journal of Monetary Economics, vol. 36(2), pp. 269-300.
10. Pissarides, C. A. (1990). Equilibrium Unemployment Theory, Oxford: Blackwell.
11. Schmitt-Grohe, S. (2000). 'Endogenous business cycles', American Economic Review, vol. 90(5), pp. 1136-59.
12. Shimer R. (2003). 'The cyclical behaviour of equilibrium unemployment and vacancies: evidence and theory', NBER Working paper 9536.
13. Thomas, J. (2004). 'Do sunspots produce business cycles?', mimeo, Pittsburgh, PA.