A structural model of aggregate US job flows: Another look

被引：0

作者：

Schmidt-Dengler, P ^{[1
]}

机构：

[1] Yale Univ, Dept Econ, New Haven, CT 06511 USA

来源：

JOURNAL OF APPLIED ECONOMETRICS | 2003年 / 18卷 / 01期

关键词：

D O I：

10.1002/jae.702

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A recent article (Collard et al., 2002) published in this journal presented a structural model of aggregate job flows. Unrestricted estimation of the model yields parameter estimates that would imply an unemployment rate of 99%. Instead of solving this problem by fixing one of the parameters, as originally attempted by the authors, I add moments regarding the employment rate. The new results call for a re-evaluation of the model. Copyright (C) 2003 John Wiley Sons, Ltd.

引用

页码：113 / 118

页数：6

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