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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.
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    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
    Web page: http://cermsem.univ-paris1.fr/
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    For corrections or technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).

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    Keywords: ECONOMIC MODELS ; ECONOMETRICS ; EMPLOYMENT;

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