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Can the Mortensen & Pissarides Model Reproduce the Asymmetric Dynamics of US and French Aggregate Gross Job Flows?

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  • Karame, F.

Abstract

When calibrated, the Mortensen & Pissarides [1994] is able to produce some stylized facts highlighted by empirical studies on US gross job flowa. However, other stylized facts concerning their asymmetric properties are generally neglected at the aggregate level. The aim of this paper is to test if the Mortensen & Pissarides model is able to statistically reproduce the asymmetric properties of aggregate gross job flows and then constitutes an acceptable representation of the data.

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Bibliographic Info

Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Papiers d'Economie Mathématique et Applications with number 2001.39.

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Length: 44 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:fth:pariem:2001.39

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Postal: France; Universite de Paris I - Pantheon- Sorbonne, 12 Place de Pantheon-75005 Paris, France
Phone: + 33 44 07 81 00
Fax: + 33 1 44 07 83 01
Web page: http://cermsem.univ-paris1.fr/
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Keywords: ECONOMIC MODELS ; ECONOMETRICS ; EMPLOYMENT;

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