Worker flows, job flows and unemployment in a matching model

Standard matching models of unemployment generate far too little volatility in unemployment and vacancies relative to the variation in the shock variables. Shimer (2005) showed that in US data the vacancy-to-unemployment ratio is about 26 times more volatile than the standard model predicts. He iden...

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Bibliographic details
Volume: 54
Main Author: Burgess, Simon
Turon, Hélène
Format: Journal Article
Language: English
Place of publication: AMSTERDAM Elsevier B.V 2010
ELSEVIER
Elsevier
published in: European economic review Vol. 54; no. 3; pp. 393 - 408
ORCID: 0000-0001-7206-3674
Data of publication: 2010
ISSN: 0014-2921
1873-572X
EISSN: 1873-572X
Discipline: Economics
Series: European Economic Review
Subjects:
J64
Online Access: available in Bonn?
Database: Social Sciences Citation Index
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Web of Science - Social Sciences Citation Index - 2010
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