Do job destruction shocks matter in the theory of unemployment

Because the data show that market tightness is not orthogonal to unemployment, this paper identifies the many empirical difficulties caused by adopting the free entry of vacancies assumption in the Diamond-Mortensen-Pissarides (DMP) framework. Relaxing the free entry assumption and using Simulated M...

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Bibliographic Details
Main Authors: Melvyn G. Coles, Ali Moghaddasi Kelishomi
Format: Default Article
Published: 2018
Subjects:
Other commerce, management, tourism and services not elsewhere classified
Other economics not elsewhere classified
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Economics
Business and Management not elsewhere classified
Online Access:https://hdl.handle.net/2134/38194
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https://hdl.handle.net/2134/38194

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