دانلود مقاله ISI انگلیسی شماره 102273
ترجمه فارسی عنوان مقاله

پویایی بازار کار با مشارکت نیروی کار درونی و جستجوی شغلی

عنوان انگلیسی
Labor market dynamics with endogenous labor force participation and on-the-job search
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
102273 2017 24 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Journal of Economic Dynamics and Control, Volume 75, February 2017, Pages 28-51

چکیده انگلیسی

Studies that incorporate endogenous labor force participation and search and matching frictions in a real business cycle model report that the model generates counterfactual dynamics: (1) Labor force participation is very volatile and strongly procyclical; (2) Unemployment is weakly procyclical or acyclical; (3) Unemployment and vacancies are positively correlated. To improve the model׳s performance, I enrich the model with on-the-job search as a mechanism to dampen the movements of participation and keep vacancy creation high for longer periods. The proposed model successfully generates weakly procyclical participation, strongly countercyclical unemployment, and the Beveridge Curve. The model also succeeds in matching the statistics for labor force participation and job-to-job flows.