The implications of labor market network for business cycles

C-Tier

Journal: Economics Letters

Year: 2016

Volume: 144

Issue: C

Pages: 37-40

Authors (3)

Arbex, Marcelo (University of Windsor) Caetano, Sidney (Universidade Federal de Juiz d...) O’Dea, Dennis (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

View Full Article View on IDEAS/RePEc

Abstract

We embed a frictional labor market with formal and informal search in an RBC model. Even in a model with exogenous search effort the interaction between formal and informal (network) search methods can help in generating more volatility in unemployment.

The implications of labor market network for business cycles

Authors (3)

Abstract

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