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Unemployment dynamics and the cost of business cycles

Author

Listed:
  • Sophie Osotimehin

    (CREST-INSEE)

  • François Langot

    (GAINS-TEPP (Le Mans University))

  • Jean-Olivier Hairault

    (Paris School of Economics)

Abstract

endogenous, provided the structural model is able to reproduce its volatility. Moreover, the matching model embeds other non-linearities, which alter the average job finding rate and consequently the business cycle cost.

Suggested Citation

  • Sophie Osotimehin & François Langot & Jean-Olivier Hairault, 2009. "Unemployment dynamics and the cost of business cycles," 2009 Meeting Papers 492, Society for Economic Dynamics.
    • Handle: RePEc:red:sed009:492
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Tom Krebs, 2014. "Labor Market Reform and the Cost of Business Cycles," 2014 Meeting Papers 1017, Society for Economic Dynamics.
    2. Krebs, Tom & Scheffel, Martin, 2016. "Labor Market Institutions and the Cost of Recessions," IZA Discussion Papers 10442, Institute of Labor Economics (IZA).
    3. Thierry Betti & Thomas Coudert, 2022. "How harmful are cuts in public employment and wage in times of high unemployment?," Bulletin of Economic Research, Wiley Blackwell, vol. 74(1), pages 247-277, January.
    4. Jean-Olivier Hairault & Francois Langot & Sophie Osotimehin, 2010. "Matching frictions, unemployment dynamics and the cost of business cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(4), pages 759-779, October.
    5. Philip Jung & Keith Kuester, 2008. "The (un)importance of unemployment fluctuations for welfare," Working Papers 08-31, Federal Reserve Bank of Philadelphia.
    6. Andersen, Torben M & Svarer, Michael, 2009. "Business Cycle Dependent Unemployment Insurance," CEPR Discussion Papers 7334, C.E.P.R. Discussion Papers.
    7. Jana Kremer & Nikolai Stähler, 2016. "Structural and Cyclical Effects of Tax Progression," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 72(1), pages 41-73, March.
    8. repec:hal:spmain:info:hdl:2441/2cnlir7arl8aaqa8hvkgkr7mqn is not listed on IDEAS
    9. Nils M. Gornemann & Keith Kuester & Makoto Nakajima, 2016. "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy," International Finance Discussion Papers 1167, Board of Governors of the Federal Reserve System (U.S.).
    10. repec:spo:wpmain:info:hdl:2441/2cnlir7arl8aaqa8hvkgkr7mqn is not listed on IDEAS

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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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