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Norwegian Open Research Archives
Research . 2012
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Norges Banks vitenarkiv
Research . 2012
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Research Papers in Economics
Preprint . 2012
Full-Text: https://cama.crawford.anu.edu.au/sites/default/files/publication/cama_crawford_anu_edu_au/2017-02/34_furlanetto_groshenny_2012.pdf
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SSRN Electronic Journal
Article . 2012 . Peer-reviewed
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SSRN Electronic Journal
Article . 2012 . Peer-reviewed
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EconStor
Research . 2012
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Matching Efficiency and Business Cycle Fluctuations

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Research , Preprint 01 Jan 2012 Norway English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068, Copyright policy )
Authors: Francesco Furlanetto; Nicolas Groshenny;

doi: 10.2139/ssrn.2103974 , 10.2139/ssrn.2258452

handle: 11250/2496832 , 10419/210006

Matching Efficiency and Business Cycle Fluctuations

Abstract

A large decline in the efficiency of the U.S. labor market in matching unemployed workers and vacant jobs has been documented during the Great Recession. We use a simple New Keynesian model with search and matching frictions in the labor market to study the propagation of matching efficiency shocks. We show that the transmission of these disturbances and their importance for business cycle fluctuations depend crucially on the form of hiring costs and on the presence of nominal rigidities.

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Norway
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VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212, ddc:330

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
10
Average
Average
Top 10%
Green
hybrid
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