“...We study the welfare costs of business cycles in a search and matching model with financial frictions. The model replicates the volatility on labor and...”

“...This paper analyzes how the frictions in the labor market simultaneously affect the economic growth and the long run unemployment. To this goal, we develop a...”

“...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...”

“...This paper extends the labor market search model to account for monopolist intermediate good firms who face price adjustment costs. We show quantitatively that...”

“...Our objective in this paper is to show, by adopting a life-cycle unemployment equilibrium approach, that labor market institutions such as unemployment...”

“...This paper contributes to the analysis of jobs flows dynamics through the explicit modelling of job creations and job destructions. We propose a simple...”

“...This paper is concerned with the empirical relevance of indeterminacy and sunspots in explaining the business cycle. It argues that financial constraints...”

“...We provide in this paper a simple example of a dynamic stochastic imperfectly competitive economy in which introducing some distortive taxation increases both...”