Essays on unemployment volatility
This thesis analyses different approaches to address the unemployment volatility puzzle. In the first two chapters, we develop two types of search frictions model with efficiency wages. The models can match observed fluctuations in unemployment and job vacancies in the U.S economy. Moreover, the mod...
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University of Bath
2016
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.698960 |