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1“...This paper modifies the standard one-sector stochastic growth model in an effort to explain the observed low procyclicality of the aggregate real wage in the...”
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2by Hairault, Jean-Olivier Langot, François Ménard, Sébastien Sopraseuth, Thepthida Published in Journal of public economics (01.06.2012)“...This paper studies the optimal unemployment insurance for older workers in a repeated principal–agent model, where the search intensity of risk-averse workers...”
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5by Hairault, Jean-Olivier Langot, François Osotimehin, Sophie Published in Review of economic dynamics (2010)“...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...”
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7by Hairault, Jean-Olivier Langot, François Published in Journal of economic dynamics & control (2008)“...This paper develops a quantitative Markovian overlapping generations model with altruistic individuals and incomplete financial markets in order to analyze the...”
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8“...We develop a multi-sectoral matching model to predict the impact of the lockdown on the US unemployment, considering the heterogeneity of workers to account...”
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9“...Recent events suggest that uncertainty changes play a major role in U.S. labor market fluctuations. This study analyzes the impact of uncertainty shocks on...”
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10“...This paper extends the labor market search model to account for monopolist intermediate good firms who face price adjustment costs. We show quantitatively that...”
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11“...In France, the pattern of old age pension is characterized by a tax on continued activity, which distorts labour market participation towards a retirement age...”
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12by Algan, Yann Chéron, Arnaud Hairault, Jean-Olivier Langot, François Published in Economics letters (2004)“...Recent works have stressed that precautionary savings can provide a level of insurance against unemployment risks that is comparable to the current...”
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13“...This study investigates job polarization in the United States and in France. In the data, the dynamics of employment shares for abstract, routine, and manual...”
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14“...This paper proposes an equilibrium matching model for developing countries' labor markets where the interaction between public, formal private and informal...”
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15“...Most European countries suffer from a structural weakness of employment and competitiveness. Can an optimal tax system reinforce European countries in this...”
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16by Fabrice Collard Patrick Fève François Langot Corinne Perraudin Published in Journal of applied econometrics (Chichester, England) (01.05.2002)“...This paper contributes to the analysis of jobs flows dynamics through the explicit modelling of job creations and job destructions. We propose a simple...”
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17“...We provide in this paper a simple example of a dynamic stochastic imperfectly competitive economy in which introducing some distortive taxation increases both...”
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18by Hairault, Jean-Olivier Langot, François Portier, Franck Published in Journal of economic dynamics & control (1997)“...In this paper, we slightly modify the canonical RBC model by adding an implementation lag in the technology, to reproduce the fact that consumption is a...”
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19“...What is a relevant model for the European business cycle? In this paper, the empirical performances of three models are compared: a canonical Walrasian R.B.C...”
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20“...Standard R.B.C. models do not enable one to reproduce the main labor market stylized facts: employment is more variable than productivity and average...”