Publication
Feb 2011
The authors of this paper characterize efficient allocations and business cycle fluctuations in a labor selection model. Due to forward-looking hiring and labor supply decisions, efficiency entails both static and intertemporal margins.
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English (PDF, 64 pages, 717 KB) |
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Author | Sanjay K Chugh, Christian Merkl |
Series | Kiel Institute Working Papers |
Issue | 1684 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2011 Kiel Institute for the World Economy |