“...We investigate the welfare cost of business cycles implied by matching frictions. First, using the reduced-form of the matching model, we show that job finding...”

“...Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the...”

“...[eng] Money, credit and fluctuations : the real business cycle view. . The purpose of this paper is to reconsider the explanation proposed by the real business...”

“...International audience; Gali et al. (2007) have recently shown quantitatively that fluctuations in the efficiency of resource allocation do not generate...”

“...International audience; Gali et al. (2007) have recently shown quantitatively that fluctuations in the efficiency of resource allocation do not generate...”

“...International audience; This paper extends the job creation--job destruction approach to the labor market to take into account a deterministic finite horizon...”

“...International audience; This paper extends the job creation--job destruction approach to the labor market to take into account a deterministic finite horizon...”

“...This paper extends Pissarides (1990)’s matching model by considering two sectors (routine and manual) and workers’ occupational choices, in the context of...”

“...Our paper seeks to gain insights into the effects of labor-market institutions on the dynamics of the labor market, during the diffusion process of new...”