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Marcus Hagedorn

(deceased)

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Marcus Hagedorn & Iourii Manovskii, 2008. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited," American Economic Review, American Economic Association, vol. 98(4), pages 1692-1706, September.

    Mentioned in:

    1. A Frictionless Model of Job Flows and the Beveridge Curve
      by Christian Zimmermann in NEP-DGE blog on 2010-08-23 05:24:52
  2. Marcus Hagedorn & Iourii Manovskii & Jinfeng Luo & Kurt Mitman, 2018. "Forward Guidance," 2018 Meeting Papers 929, Society for Economic Dynamics.

    Mentioned in:

    1. Forward Guidance
      by Christian Zimmermann in NEP-DGE blog on 2018-10-10 14:49:59

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Hagedorn, Marcus & Luo, Jinfeng & Manovskii, Iourii & Mitman, Kurt, 2019. "Forward guidance," Journal of Monetary Economics, Elsevier, vol. 102(C), pages 1-23.

    Mentioned in:

    1. > Macroeconomics > Monetary Theory

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Marcus Hagedorn & Iourii Manovskii, 2008. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited," American Economic Review, American Economic Association, vol. 98(4), pages 1692-1706, September.

    Mentioned in:

    1. The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited (AER 2008) in ReplicationWiki ()
  2. Marcus Hagedorn & Iourii Manovskii, 2013. "Job Selection and Wages over the Business Cycle," American Economic Review, American Economic Association, vol. 103(2), pages 771-803, April.

    Mentioned in:

    1. Job Selection and Wages over the Business Cycle (AER 2013) in ReplicationWiki ()
  3. Marcus Hagedorn & Fatih Karahan & Iourii Manovskii & Kurt Mitman, 2013. "Unemployment Benefits and Unemployment in the Great Recession: The Role of Equilibrium Effects," Staff Reports 646, Federal Reserve Bank of New York.

    Mentioned in:

    1. Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects (FRBNY Staff Reports 2015) in ReplicationWiki ()

Working papers

  1. Hagedorn, Marcus & Mitman, Kurt, 2020. "Corona Policy According to HANK," CEPR Discussion Papers 14694, C.E.P.R. Discussion Papers.

    Cited by:

    1. Goodhart, Charles & Tsomocos, Dimitrios P & Wang, Xuan, 2020. "Support for Small Businesses amid COVID-19," CEPR Discussion Papers 15055, C.E.P.R. Discussion Papers.
    2. McQuinn, Kieran & Varthalitis, Petros, 2020. "Debt sharing after Covid-19: How the direct involvement of EU institutions could impact the recovery path of a member state," Papers WP663, Economic and Social Research Institute (ESRI).
    3. Bognanni, Mark & Hanley, Doug & Kolliner, Daniel & Mitman, Kurt, 2020. "Economics and Epidemics: Evidence from an Estimated Spatial Econ-SIR Model," IZA Discussion Papers 13797, Institute of Labor Economics (IZA).
    4. Van Nieuwerburgh, Stijn & Landvoigt, Tim & Elenev, Vadim, 2020. "Can the Covid Bailouts Save the Economy?," CEPR Discussion Papers 14714, C.E.P.R. Discussion Papers.
    5. Philipp Pfeiffer & Werner Roeger & Jan in ’t Veld, 2020. "The COVID19-Pandemic in the EU: Macroeconomic Transmission and Economic Policy Response," European Economy - Discussion Papers 127, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.

  2. Mitman, Kurt & Manovskii, Iourii & Hagedorn, Marcus, 2019. "The Fiscal Multiplier," CEPR Discussion Papers 13529, C.E.P.R. Discussion Papers.

    Cited by:

    1. Sergio de Ferra & Kurt Mitman & Federica Romei, 2019. "Household Heterogeneity and the Transmission of Foreign Shocks," NBER Chapters, in: NBER International Seminar on Macroeconomics 2019, National Bureau of Economic Research, Inc.
    2. Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2020. "Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model," NBER Working Papers 26647, National Bureau of Economic Research, Inc.
    3. Timo Boppart & Per Krusell & Kurt Mitman, 2017. "Exploiting MIT Shocks in Heterogeneous-Agent Economies: The Impulse Response as a Numerical Derivative," NBER Working Papers 24138, National Bureau of Economic Research, Inc.
    4. Minjoon Lee & Jinhui Bai & Fudong Zhang & Ruediger Bachmann, 2014. "The Welfare Costs of Fiscal Uncertainty: a Quantitative Evaluation," 2014 Meeting Papers 744, Society for Economic Dynamics.
    5. KLEIN, Mathias & POLATTIMUR, Hamza & WINKLER, Roland, 2020. "Fiscal spending multipliers over the household leverage cycle," Working Papers 2020007, University of Antwerp, Faculty of Business and Economics.
    6. Isabel Cairo & Jae Sim, 2017. "Income Inequality, Financial Crises and Monetary Policy," 2017 Meeting Papers 1433, Society for Economic Dynamics.
    7. Christian Moser & Farzad Saidi & Benjamin Wirth & Stefanie Wolter, 2024. "Credit Supply, Firms, and Earnings Inequality," CRC TR 224 Discussion Paper Series crctr224_2024_558, University of Bonn and University of Mannheim, Germany.
    8. Mr. Helge Berger & Mr. Giovanni Dell'Ariccia & Mr. Maurice Obstfeld, 2018. "Revisiting the Economic Case for Fiscal Union in the Euro Area," IMF Departmental Papers / Policy Papers 2018/003, International Monetary Fund.
    9. Spector, Mariano, 2024. "Redistributive fiscal policy and marginal propensities to consume," Journal of Economic Theory, Elsevier, vol. 218(C).
    10. Ruediger Bachmann & Jinhui Bai & Minjoon Lee & Fudong Zhang, 2020. "The Welfare and Distributional Effects of Fiscal Volatility: a Quantitative Evaluation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 38, pages 127-153, October.
    11. Rodolfo G. Campos & Jesus Fernandez-Villaverde & Galo Nuno & Peter Paz, 2024. "Navigating by Falling Stars:Monetary Policy with Fiscally Driven Natural Rates," PIER Working Paper Archive 24-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    12. Scott R. Baker & Robert A Farrokhnia & Steffen Meyer & Michaela Pagel & Constantine Yannelis, 2023. "Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments," Review of Finance, European Finance Association, vol. 27(6), pages 2271-2304.
    13. Cantore, Cristiano & Freund, Lukas, 2020. "Workers, capitalists, and the government: fiscal policy and income (re)distribution," Bank of England working papers 858, Bank of England.
    14. Cho, Daeha & Ma, Eunseong, 2023. "The heterogeneous welfare effects of business cycles," European Economic Review, Elsevier, vol. 153(C).
    15. Mishel Ghassibe & Francesco Zanetti, 2021. "State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters," Economics Series Working Papers 930, University of Oxford, Department of Economics.
    16. Julien Albertini & Stéphane Auray & Hafedh Bouakez & Aurélien Eyquem, 2020. "Taking off into the Wind: Unemployment Risk and State-Dependent Government Spending Multipliers," Working Papers 2002, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    17. Thomas Dengler & Britta Gehrke, 2022. "Short-Time Work and Precautionary Savings," CESifo Working Paper Series 9873, CESifo.
    18. Bilbiie, F. O. & Monacelli, T. & Perotti, R., 2024. "Stabilization vs. Redistribution: The Optimal Monetary-Fiscal Mix," Cambridge Working Papers in Economics 2436, Faculty of Economics, University of Cambridge.
    19. Emilio Colombo & Davide Furceri & Pietro Pizzuto & Patrizio Tirelli, 2022. "Fiscal Multipliers and Informality," DISEIS - Quaderni del Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo dis2201, Università Cattolica del Sacro Cuore, Dipartimento di Economia internazionale, delle istituzioni e dello sviluppo (DISEIS).
    20. Mankart, Jochen & Priftis, Romanos & Oikonomou, Rigas, 2024. "The long and short of financing government spending," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302414, Verein für Socialpolitik / German Economic Association.
    21. Axelle Ferrière & Gaston Navarro, 2018. "The Heterogeneous Effects of Government Spending : It’s All About Taxes," International Finance Discussion Papers 1237, Board of Governors of the Federal Reserve System (U.S.).
    22. Paweł Kopiec, 2018. "Employment prospects and the propagation of fiscal stimulus," NBP Working Papers 296, Narodowy Bank Polski.
    23. Brinca, Pedro & Ferreira, Miguel & Franco, Francesco & Holter, Hans & Malafry, Laurence, 2017. "Fiscal Consolidation Programs and Income Inequality," Research Papers in Economics 2017:8, Stockholm University, Department of Economics.
    24. Hikaru Saijo, 2020. "Redistribution And Fiscal Uncertainty Shocks," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(3), pages 1073-1095, August.
    25. Sushant Acharya & Keshav Dogra, 2020. "Understanding HANK: Insights From a PRANK," Econometrica, Econometric Society, vol. 88(3), pages 1113-1158, May.
    26. Bilbiie, F. O. & Galaasen, S. M. & Gurkayna, R. S. & Maehlum, M. & Molnar, K, 2025. "Hanksson," Cambridge Working Papers in Economics 2516, Faculty of Economics, University of Cambridge.
    27. George‐Marios Angeletos & Chen Lian & Christian K. Wolf, 2024. "Can Deficits Finance Themselves?," Econometrica, Econometric Society, vol. 92(5), pages 1351-1390, September.
    28. Kopiec, Paweł, 2024. "The aggregate and distributional effects of fiscal stimuli," Economic Modelling, Elsevier, vol. 134(C).
    29. Christian Bayer & Benjamin Born & Ralph Luetticke, 2024. "Shocks, Frictions, and Inequality in US Business Cycles," American Economic Review, American Economic Association, vol. 114(5), pages 1211-1247, May.
    30. Jeppe Druedahl & Michael Graber & Thomas H. Jørgensen, 2021. "High Frequency Income Dynamics," CEBI working paper series 21-08, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    31. Kim, Wongi, 2021. "Macroeconomic effects of government transfer payments: Evidence from Korea," Economic Modelling, Elsevier, vol. 102(C).
    32. Gregory E. Givens, 2022. "Unemployment, Partial Insurance, And The Multiplier Effects Of Government Spending," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(2), pages 571-599, May.
    33. Born, Benjamin & Bayer, Christian & Luetticke, Ralph, 2020. "The Liquidity Channel of Fiscal Policy," CEPR Discussion Papers 14883, C.E.P.R. Discussion Papers.
    34. Wacks, Johannes, 2021. "Labor Market Polarization with Hand-to-Mouth Households," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242391, Verein für Socialpolitik / German Economic Association.
    35. Pieroni, Valerio, 2023. "Energy shortages and aggregate demand: Output loss and unequal burden from HANK," European Economic Review, Elsevier, vol. 154(C).
    36. Sami Alpanda & Uluc Aysun & Serdar Kabaca, 2023. "International Portfolio Rebalancing and Fiscal Policy Spillovers," Staff Working Papers 23-56, Bank of Canada.
    37. Adrien Auclert & Bence Bardóczy & Matthew Rognlie, 2023. "MPCs, MPEs, and Multipliers: A Trilemma for New Keynesian Models," The Review of Economics and Statistics, MIT Press, vol. 105(3), pages 700-712, May.
    38. George W. Evans & Seppo Honkapohja & Kaushik Mitra, 2022. "Expectations, Stagnation and Fiscal Policy: a Nonlinear Analysis," Discussion Papers 22-01, Department of Economics, University of Birmingham.
    39. Travis J. Berge & Maarten De Ridder & Damjan Pfajfar, 2020. "When is the Fiscal Multiplier High? A Comparison of Four Business Cycle Phases," Finance and Economics Discussion Series 2020-026, Board of Governors of the Federal Reserve System (U.S.).
    40. Jesús Fernández-Villaverde & Joël Marbet & Galo Nuño Barrau & Omar Rachedi, 2024. "Inequality and the zero lower bound," BIS Working Papers 1160, Bank for International Settlements.
    41. Felipe Alves, 2022. "Job Ladder and Business Cycles," Staff Working Papers 22-14, Bank of Canada.
    42. Ben Moll, 2020. "The Research Agenda: Ben Moll on the Rich Interactions between Inequality and the Macroeconomy," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 21(2), November.
    43. Marcus Hagedorn & Jinfeng Luo & Iourii Manovskii & Kurt Mitman, 2018. "Forward Guidance," Working Papers id:12742, eSocialSciences.
    44. Henrique S. Basso & Omar Rachedi, 2018. "The young, the old, and the government: demographics and fiscal multipliers," Working Papers 1837, Banco de España.
    45. Kopiec, Pawel, 2019. "Household Heterogeneity and the Value of Government Spending Multiplier: an Analytical Characterization," MPRA Paper 93499, University Library of Munich, Germany.
    46. Mitman, Kurt & Rabinovich, Stanislav, 2019. "Do Unemployment Benefit Extensions Explain the Emergence of Jobless Recoveries?," IZA Discussion Papers 12365, Institute of Labor Economics (IZA).
    47. Dengler, Thomas & Gehrke, Britta & Zessner-Spitzenberg, Leopold, 2024. "Short-Time Work and Precautionary Savings," ECON WPS - Working Papers in Economic Theory and Policy 02/2024, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    48. Bilbiie, Florin, 2018. "Monetary Policy and Heterogeneity: An Analytical Framework," CEPR Discussion Papers 12601, C.E.P.R. Discussion Papers.
    49. Viacheslav Sheremirov & Sandra Spirovska, 2019. "Fiscal multipliers in advanced and developing countries: evidence from military spending," Working Papers 19-3, Federal Reserve Bank of Boston.
    50. Paweł Kopiec, 2023. "Frictional product market, supply chains and the impact of government expenditures on private consumption," Bank i Kredyt, Narodowy Bank Polski, vol. 54(3), pages 285-308.
    51. Hagedorn, Marcus & Mitman, Kurt, 2020. "Corona Policy According to HANK," CEPR Discussion Papers 14694, C.E.P.R. Discussion Papers.
    52. Mark Aguiar & Manuel Amador & Cristina Arellano, 2021. "Micro Risks and Pareto Improving Policies with Low Interest Rates," Staff Report 625, Federal Reserve Bank of Minneapolis.
    53. Diana Alessandrini, 2021. "Progressive Taxation and Economic Stability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(2), pages 422-452, April.
    54. Jeppe Druedahl & Emil Bjerre Jensen & Soeren Leth-Petersen, 2022. "The Intertemporal Marginal Propensity to Consume out of Future Persistent Cash-Flows. Evidence from Transaction Data," CEBI working paper series 22-13, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    55. Laure Simon, 2023. "Fiscal Stimulus and Skill Accumulation over the Life Cycle," Staff Working Papers 23-9, Bank of Canada.
    56. Kopiec, Paweł, 2022. "The government spending multiplier in the Heterogeneous Agent New Keynesian model," European Economic Review, Elsevier, vol. 145(C).
    57. Bilbiie, F. O. & Galaasen, S. M. & Gurkayna, R. S. & Maehlum, M. & Molnar, K, 2025. "Hanksson," Janeway Institute Working Papers 2507, Faculty of Economics, University of Cambridge.
    58. Macaulay, Alistair, 2021. "The attention trap: Rational inattention, inequality, and fiscal policy," European Economic Review, Elsevier, vol. 135(C).
    59. Abdul Jalil, 2021. "Austerity: Which Way Now?," PIDE Knowledge Brief 2021:21, Pakistan Institute of Development Economics.
    60. Fei Guo & Isabel Kit-Ming Yan & Tao Chen & Chuntien Hu, 2021. "Fiscal Multiplier, Monetary Shock and Hand-to-Mouth Household," GRU Working Paper Series GRU_2021_025, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    61. Zheng Gong, 2025. "When Does Household Heterogeneity Matter for Aggregate Fluctuations?," CRC TR 224 Discussion Paper Series crctr224_2025_624, University of Bonn and University of Mannheim, Germany.

  3. Hagedorn, Marcus, 2018. "Prices and Inflation when Government Bonds are Net Wealth," CEPR Discussion Papers 12769, C.E.P.R. Discussion Papers.

    Cited by:

    1. Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2018. "The Intertemporal Keynesian Cross," NBER Working Papers 25020, National Bureau of Economic Research, Inc.
    2. Pascal Michaillat & Emmanuel Saez, 2019. "Resolving New Keynesian Anomalies with Wealth in the Utility Function," Papers 1905.13645, arXiv.org, revised Dec 2019.
    3. Christiaan Kwaak, 2024. "Old-Keynesianism in the New Keynesian Model," De Economist, Springer, vol. 172(3), pages 167-232, September.
    4. R. Anton Braun & Daisuke Ikeda, 2025. "Online Appendix to "Monetary Policy Over the Lifecycle"," Online Appendices 23-172, Review of Economic Dynamics.
    5. Cantore, Cristiano & Freund, Lukas, 2020. "Workers, capitalists, and the government: fiscal policy and income (re)distribution," Bank of England working papers 858, Bank of England.
    6. Sanjay R. Singh & Pablo Cuba-Borda, 2019. "Understanding Persistent Stagnation," Working Papers 329, University of California, Davis, Department of Economics.
    7. R. Anton Braun & Daisuke Ikeda, 2022. "Why Aging Induces Deflation and Secular Stagnation," FRB Atlanta Working Paper 2022-12, Federal Reserve Bank of Atlanta.
    8. R. Anton Braun & Daisuke Ikeda, 2021. "Monetary Policy over the Life Cycle," FRB Atlanta Working Paper 2021-20a, Federal Reserve Bank of Atlanta.
    9. Marcus Hagedorn & Jinfeng Luo & Iourii Manovskii & Kurt Mitman, 2018. "Forward Guidance," Working Papers id:12742, eSocialSciences.
    10. Luetticke, Ralph, 2018. "Transmission of monetary policy with heterogeneity in household portfolios," LSE Research Online Documents on Economics 90377, London School of Economics and Political Science, LSE Library.
    11. Serdar Kabaca & Renske Maas & Kostas Mavromatis & Romanos Priftis, 2020. "Optimal Quantitative Easing in a Monetary Union," Staff Working Papers 20-49, Bank of Canada.
    12. Hirokuni Iiboshi & Mototsugu Shintani & Kozo Ueda, 2018. "Estimating a Nonlinear New Keynesian Model with a Zero Lower Bound for Japan," Working Papers e120, Tokyo Center for Economic Research.
    13. Behzad Diba & Olivier Loisel, 2019. "Pegging the Interest Rate on Bank Reserves: A Resolution of New Keynesian Puzzles and Paradoxes," Working Papers gueconwpa~19-19-05, Georgetown University, Department of Economics.
    14. Cristiano Cantore & Vedanta Dhamija, 2024. "The Perils of a Dual Mandate," Economics Series Working Papers 1059, University of Oxford, Department of Economics.
    15. Guillermo Santos, 2022. "Optimal fiscal and monetary policy with preference over safe assets," LIDAM Discussion Papers IRES 2022021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    16. R. Anton Braun & Daisuke Ikeda, 2025. "Monetary policy over the lifecycle," CIGS Working Paper Series 25-006E, The Canon Institute for Global Studies.

  4. Mitman, Kurt & Hagedorn, Marcus & Manovskii, Iourii & Luo, Jinfeng, 2018. "Forward Guidance," CEPR Discussion Papers 12858, C.E.P.R. Discussion Papers.

    Cited by:

    1. Melosi, Leonardo & Campbell, Jeffrey & Ferroni, Filippo & Fisher, Jonas, 2019. "The Limits of Forward Guidance," CEPR Discussion Papers 13612, C.E.P.R. Discussion Papers.

  5. Hagedorn, Marcus & Acikgöz, Ömer & Holter, Hans & Wang, Yikai, 2018. "The Optimum Quantity of Capital and Debt," CEPR Discussion Papers 12952, C.E.P.R. Discussion Papers.

    Cited by:

    1. YiLi Chien & Yi Wen, 2019. "Don't Tax Capital---Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences," 2019 Meeting Papers 258, Society for Economic Dynamics.
    2. François Le Grand & Xavier Ragot, 2020. "Managing Inequality over Business Cycles: Optimal Policies with Heterogeneous Agents and Aggregate Shocks," SciencePo Working papers hal-03476095, HAL.
    3. Frédéric Dufourt & Lisa Kerdelhué & Océane Piétri, 2021. "Budget-neutral capital tax cuts," Working Papers halshs-03424147, HAL.
    4. Axelle Ferriere & Philipp Grubener & Gaston Navarro & Oliko Vardishvili, 2021. "Larger transfers financed with more progressive taxes? On the optimal design of taxes and transfers," Working Papers halshs-03466762, HAL.
    5. Krueger, Dirk & Ludwig, Alexander, 2018. "Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk," ZEW Discussion Papers 18-014, ZEW - Leibniz Centre for European Economic Research.
    6. YiLi Chien & Yi Wen, 2022. "The Ramsey Steady-State Conundrum in Heterogeneous-Agent Economies," Working Papers 2022-009, Federal Reserve Bank of St. Louis, revised 29 May 2024.
    7. Born, Benjamin & Bayer, Christian & Luetticke, Ralph, 2020. "The Liquidity Channel of Fiscal Policy," CEPR Discussion Papers 14883, C.E.P.R. Discussion Papers.
    8. Zhu, Jingjing & Huang, Tianyuan, 2024. "Public debt and welfare with machine learning," Finance Research Letters, Elsevier, vol. 69(PA).
    9. YiLi Chien & Yi Wen, 2019. "Optimal Ramsey Taxation in Heterogeneous Agent Economies with Quasi-Linear Preferences," Working Papers 2019-007, Federal Reserve Bank of St. Louis, revised 26 Jul 2021.
    10. Galo Nuño & Carlos Thomas, 2020. "Optimal Monetary Policy with Heterogeneous Agents," CESifo Working Paper Series 8670, CESifo.
    11. Kasper Kragh Balke & Markus Karlman & Karin Kinnerud, 2024. "Down-payment requirements: Implications for portfolio choice and consumption," Working Papers 03/2024, Centre for Household Finance and Macroeconomic Research (HOFIMAR), BI Norwegian Business School.
    12. Juan Pablo Gama & Rodrigo J. Raad, 2023. "Large public expenditure shocks in a Ramsey taxation model with default," Textos para Discussão Cedeplar-UFMG 665, Cedeplar, Universidade Federal de Minas Gerais.
    13. V. V. Chari & Juan Pablo Nicolini & Pedro Teles, 2018. "Optimal Capital Taxation Revisited," Staff Report 571, Federal Reserve Bank of Minneapolis.
    14. Özlem Kina & Ctirad Slavik & Hakki Yazici, 2020. "Redistributive Capital Taxation Revisited," CESifo Working Paper Series 8627, CESifo.
    15. Frédéric Dufourt & Lisa Kerdelhué & Océane Piétri, 2021. "Budget-neutral capital tax cuts," AMSE Working Papers 2143, Aix-Marseille School of Economics, France.

  6. Kurt Mitman & Iourii Manovskii & Marcus Hagedorn, 2017. "Monetary Policy in Incomplete Market Models: Theory and Evidence," 2017 Meeting Papers 1605, Society for Economic Dynamics.

    Cited by:

    1. Jiri Slacalek & Oreste Tristani & Giovanni L. Violante, 2020. "Household Balance Sheet Channels of Monetary Policy: A Back of the Envelope Calculation for the Euro Area," NBER Working Papers 26630, National Bureau of Economic Research, Inc.
    2. Benjamin Pugsley & Hannah Rubinton, 2019. "Inequality in the Welfare Costs of Disinflation," Working Papers 2020-021, Federal Reserve Bank of St. Louis, revised 23 Sep 2021.
    3. Hagedorn, Marcus, 2018. "Prices and Inflation when Government Bonds are Net Wealth," CEPR Discussion Papers 12769, C.E.P.R. Discussion Papers.

  7. Mitman, Kurt & Hagedorn, Marcus & Manovskii, Iourii, 2016. "Interpreting Recent Quasi-Experimental Evidence on the Effects of Unemployment Benefit Extensions," CEPR Discussion Papers 11290, C.E.P.R. Discussion Papers.

    Cited by:

    1. Mankart, Jochen & Oikonomou, Rigas, 2015. "Household search and the aggregate labor market," Discussion Papers 26/2015, Deutsche Bundesbank.
    2. Marinescu, Ioana, 2019. "Reprint of: The general equilibrium impacts of unemployment insurance: Evidence from a large online job board," Journal of Public Economics, Elsevier, vol. 171(C), pages 70-85.
    3. Ioana Marinescu, 2016. "The General Equilibrium Impacts of Unemployment Insurance: Evidence from a Large Online Job Board," Working Papers id:11141, eSocialSciences.
    4. Steven Dieterle & Otávio Bartalotti & Quentin Brummet, 2016. "Revisiting the Effects of Unemployment Insurance Extensions on Unemployment: A Measurement Error-Corrected Regression Discontinuity Approach," CARRA Working Papers 2016-01, Center for Economic Studies, U.S. Census Bureau.
    5. Brown, Alessio J. G. & Kohlbrecher, Britta & Merkl, Christian & Snower, Dennis J., 2017. "The effects of productivity and benefits on unemployment: Breaking the link," FAU Discussion Papers in Economics 08/2017, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    6. Gustavo de Souza & Andre Luduvice, 2022. "Optimal Unemployment Insurance Requirements," Working Paper Series WP 2022-45, Federal Reserve Bank of Chicago.
    7. Camille Landais & Pascal Michaillat & Emmanuel Saez, 2018. "A Macroeconomic Approach to Optimal Unemployment Insurance: Applications," American Economic Journal: Economic Policy, American Economic Association, vol. 10(2), pages 182-216, May.
    8. Mitman, Kurt & Rabinovich, Stanislav, 2019. "Do Unemployment Benefit Extensions Explain the Emergence of Jobless Recoveries?," IZA Discussion Papers 12365, Institute of Labor Economics (IZA).
    9. Jessen, Jonas & Jessen, Robin & Galecka-Burdziak, Ewa & Góra, Marek & Kluve, Jochen, 2023. "The Micro and Macro Effects of Changes in the Potential Benefit Duration," IZA Discussion Papers 15978, Institute of Labor Economics (IZA).
    10. Boone, Christopher & Dube, Arindrajit & Goodman, Lucas & Kaplan, Ethan, 2016. "Unemployment Insurance Generosity and Aggregate Employment," IZA Discussion Papers 10439, Institute of Labor Economics (IZA).
    11. Ruediger Bachmann & Isabel Gödl-Hanisch & Eric R. Sims, 2021. "Identifying Monetary Policy Shocks Using the Central Bank's Information Set," NBER Working Papers 29572, National Bureau of Economic Research, Inc.
    12. Aiwei Huang, 2021. "To What Extent do Labor Market Outcomes respond to UI Extensions?," Papers 2104.12387, arXiv.org.
    13. Andrew Figura & David Ratner, 2017. "How Large were the Effects of Emergency and Extended Benefits on Unemployment during the Great Recession and its Aftermath?," Finance and Economics Discussion Series 2017-068, Board of Governors of the Federal Reserve System (U.S.).
    14. Jonas Jessen & Robin Jessen & Ewa Gałecka-Burdziak & Marek Góra & Jochen Kluve, 2025. "The Micro and Macro Effects of Changes in the Potential Benefit Duration," CESifo Working Paper Series 11849, CESifo.

  8. Hagedorn, Marcus, 2016. "A Demand Theory of the Price Level," CEPR Discussion Papers 11364, C.E.P.R. Discussion Papers.

    Cited by:

    1. Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2018. "The Intertemporal Keynesian Cross," NBER Working Papers 25020, National Bureau of Economic Research, Inc.
    2. Christiaan Kwaak, 2024. "Old-Keynesianism in the New Keynesian Model," De Economist, Springer, vol. 172(3), pages 167-232, September.
    3. Rodolfo G. Campos & Jesus Fernandez-Villaverde & Galo Nuno & Peter Paz, 2024. "Navigating by Falling Stars:Monetary Policy with Fiscally Driven Natural Rates," PIER Working Paper Archive 24-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    4. Paweł Kopiec, 2018. "Employment prospects and the propagation of fiscal stimulus," NBP Working Papers 296, Narodowy Bank Polski.
    5. Mitman, Kurt & Manovskii, Iourii & Hagedorn, Marcus, 2019. "The Fiscal Multiplier," CEPR Discussion Papers 13529, C.E.P.R. Discussion Papers.
    6. Marcus Hagedorn & Jinfeng Luo & Iourii Manovskii & Kurt Mitman, 2018. "Forward Guidance," Working Papers id:12742, eSocialSciences.
    7. Hagedorn, Marcus & Mitman, Kurt, 2020. "Corona Policy According to HANK," CEPR Discussion Papers 14694, C.E.P.R. Discussion Papers.
    8. Hagedorn, Marcus, 2018. "Prices and Inflation when Government Bonds are Net Wealth," CEPR Discussion Papers 12769, C.E.P.R. Discussion Papers.

  9. Manovskii, Iourii & Hagedorn, Marcus & Mitman, Kurt, 2016. "The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?," CEPR Discussion Papers 11060, C.E.P.R. Discussion Papers.

    Cited by:

    1. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.
    2. Ghironi, Fabio & Cacciatore, Matteo & Duval, Romain & Fiori, Giuseppe, 2016. "Market Reforms in the Time of Imbalance," CEPR Discussion Papers 11247, C.E.P.R. Discussion Papers.
    3. Karahan, Fatih & Mitman, Kurt & Moore, Brendan, 2019. "Individual and Market-Level Effects of UI Policies: Evidence from Missouri," IZA Discussion Papers 12805, Institute of Labor Economics (IZA).
    4. Julien Albertini & Xavier Fairise & Anthony Terriau, 2020. "Unemployment insurance, Recalls and Experience Rating," Working Papers 2014, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    5. Jun Nie & Zoe Xie, 2020. "Unemployment Insurance during a Pandemic," Research Working Paper RWP 20-07, Federal Reserve Bank of Kansas City.
    6. Jia, Ye (George), 2023. "Did the unemployment benefits extension between 2009–2013 deter entrepreneurship in the US? Some evidence and a model of unemployment benefits and entrepreneurship," Economic Modelling, Elsevier, vol. 122(C).
    7. Lonnie R. Snowden, 2023. "US states' racial bias correlates with less SNAP participation by “undeserving poor” adults and lower unemployment benefit maximums," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 133-149, June.
    8. Gabriel Chodorow-Reich & Loukas Karabarbounis, 2017. "The Limited Macroeconomic Effects of Unemployment Benefit Extensions," Working Paper 386166, Harvard University OpenScholar.
    9. Galecka-Burdziak, Ewa & Góra, Marek & Jessen, Jonas & Jessen, Robin & Kluve, Jochen, 2021. "The Effects of Shortening Potential Benefit Duration: Evidence from Regional Cut-Offs and a Policy Reform," IZA Discussion Papers 14340, Institute of Labor Economics (IZA).
    10. Guo, Audrey & Johnston, Andrew C., 2020. "The Finance of Unemployment Compensation and its Consequence for the Labor Market," IZA Discussion Papers 13330, Institute of Labor Economics (IZA).
    11. Marco Di Maggio & Amir Kermani, 2016. "The Importance of Unemployment Insurance as an Automatic Stabilizer," NBER Working Papers 22625, National Bureau of Economic Research, Inc.
    12. Lechthaler, Wolfgang & Ring, Patrick, 2020. "Labor force participation, job search effort and unemployment insurance in the laboratory," Kiel Working Papers 2149, Kiel Institute for the World Economy (IfW Kiel).
    13. Julien Albertini & Xavier Fairise & Anthony Terriau, 2024. "Corporate taxation and firm heterogeneity," Working Papers 2410, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    14. Mitman, Kurt & Rabinovich, Stanislav, 2020. "Optimal Unemployment Benefits in the Pandemic," CEPR Discussion Papers 14915, C.E.P.R. Discussion Papers.
    15. Anatolyev, Stanislav & Mikusheva, Anna, 2021. "Limit Theorems For Factor Models," Econometric Theory, Cambridge University Press, vol. 37(5), pages 1034-1074, October.
    16. Jaimovich, Nir & Ferraro, Domenico & Molinari, Francesca & Young, Cristobal, 2020. "The Safety Net as a Springboard? A General Equilibrium based Policy Evaluation," CEPR Discussion Papers 14786, C.E.P.R. Discussion Papers.
    17. Johannes F. Schmieder & Till von Wachter, 2016. "The Effects of Unemployment Insurance Benefits: New Evidence and Interpretation," Annual Review of Economics, Annual Reviews, vol. 8(1), pages 547-581, October.
    18. Clymo, AJ, 2017. "Heterogeneous Firms, Wages, and the Effects of Financial Crises," Economics Discussion Papers 20572, University of Essex, Department of Economics.
    19. Ulku,Hulya & Georgieva,Dorina Peteva, 2022. "Unemployment Benefits, Active Labor Market Policies, and Labor Market Outcomes : Evidence from New Global Data," Policy Research Working Paper Series 10027, The World Bank.
    20. Alain-Philippe Fortin & Patrick Gagliardini & Olivier Scaillet, 2023. "Latent Factor Analysis in Short Panels," Papers 2306.14004, arXiv.org, revised May 2024.
    21. Gutierrez, Italo A., 2016. "Job insecurity, unemployment insurance and on-the-job search. Evidence from older American workers," Labour Economics, Elsevier, vol. 41(C), pages 228-245.
    22. Schwartz Jeremy, 2020. "Job competition, human capital, and the lock-in effect: can unemployment insurance efficiently allocate human capital," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-23, January.
    23. Brown, Alessio J. G. & Kohlbrecher, Britta & Merkl, Christian & Snower, Dennis J., 2017. "The effects of productivity and benefits on unemployment: Breaking the link," FAU Discussion Papers in Economics 08/2017, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    24. Tomer Blumkin & Leif Danziger & Eran Yashiv, 2016. "Optimal Unemployment Benefit Policy and the Firm Productivity Distribution," CESifo Working Paper Series 5931, CESifo.
    25. Mitman, Kurt & Krueger, Dirk & Perri, Fabrizio, 2016. "Macroeconomics and Household Heterogeneity," CEPR Discussion Papers 11308, C.E.P.R. Discussion Papers.
    26. Mitman, Kurt & Krueger, Dirk & Perri, Fabrizio, 2016. "On the Distribution of the Welfare Losses of Large Recessions," CEPR Discussion Papers 11413, C.E.P.R. Discussion Papers.
    27. Regmi, Krishna & Henderson, Daniel J., 2019. "Labor Demand Shocks at Birth and Cognitive Achievement during Childhood," IZA Discussion Papers 12521, Institute of Labor Economics (IZA).
    28. Johnston, Andrew C. & Mas, Alexandre, 2020. "Potential Unemployment Insurance Duration and Labor Supply: The Individual and Market-Level Response to a Benefit Cut," IZA Discussion Papers 13331, Institute of Labor Economics (IZA).
    29. Mitman, Kurt & Hagedorn, Marcus & Manovskii, Iourii, 2016. "Interpreting Recent Quasi-Experimental Evidence on the Effects of Unemployment Benefit Extensions," CEPR Discussion Papers 11290, C.E.P.R. Discussion Papers.
    30. Lee, Jungho & Xu, Jianhuan, 2019. "Tax uncertainty and business activity," Journal of Economic Dynamics and Control, Elsevier, vol. 103(C), pages 158-184.
    31. Spinnewijn, Johannes, 2020. "The trade-off between insurance and incentives in differentiated unemployment policies," LSE Research Online Documents on Economics 104718, London School of Economics and Political Science, LSE Library.
    32. Pedro S. Martins, 2016. "Should the maximum duration of fixed-term contracts increase in recessions? Evidence from a law reform," Working Papers 73, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    33. Harry J. Holzer & Glenn Hubbard & Michael R. Strain, 2024. "Did pandemic unemployment benefits increase unemployment? Evidence from early state‐level expirations," Economic Inquiry, Western Economic Association International, vol. 62(1), pages 24-38, January.
    34. Tingting Cheng & Jiti Gao & Yayi Yan, 2018. "Regime switching panel data models with interative fixed effects," Monash Econometrics and Business Statistics Working Papers 21/18, Monash University, Department of Econometrics and Business Statistics.
    35. Gadatsch, Niklas & Stähler, Nikolai & Weigert, Benjamin, 2016. "German labor market and fiscal reforms 1999–2008: Can they be blamed for intra-euro area imbalances?," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 307-324.
    36. Yavuz Arslan & Ahmet Degerli & Gazi Kabaş, 2019. "Unintended consequences of unemployment insurance benefits: the role of banks," BIS Working Papers 795, Bank for International Settlements.
    37. Scott, Dana & Finamor, Lucas, 2020. "Employment Effects of Unemployment Insurance Generosity During the Pandemic," MPRA Paper 102390, University Library of Munich, Germany.
    38. E. Mark Curtis & Ryan A. Decker, 2018. "Entrepreneurship and State Taxation," Finance and Economics Discussion Series 2018-003, Board of Governors of the Federal Reserve System (U.S.).
    39. Mitman, Kurt & Rabinovich, Stanislav, 2019. "Do Unemployment Benefit Extensions Explain the Emergence of Jobless Recoveries?," IZA Discussion Papers 12365, Institute of Labor Economics (IZA).
    40. Jessen, Jonas & Jessen, Robin & Galecka-Burdziak, Ewa & Góra, Marek & Kluve, Jochen, 2023. "The Micro and Macro Effects of Changes in the Potential Benefit Duration," IZA Discussion Papers 15978, Institute of Labor Economics (IZA).
    41. Goensch, Johannes & Gulyas, Andreas & Kospentaris, Ioannis, 2024. "Worker mobility and UI extensions," European Economic Review, Elsevier, vol. 162(C).
    42. Mitman, Kurt & Rabinovich, Stanislav, 2021. "Whether, When and How to Extend Unemployment Benefits: Theory and Application to COVID-19," IZA Discussion Papers 14085, Institute of Labor Economics (IZA).
    43. Gyu‐Jin Hwang, 2019. "How fair are unemployment benefits? The experience of East Asia," International Social Security Review, John Wiley & Sons, vol. 72(2), pages 49-73, April.
    44. Juan E. Jacobo, 2022. "Back to the Surplus: An Unorthodox Neoclassical Model of Growth, Distribution and Unemployment with Technical Change," Papers 2211.14978, arXiv.org.
    45. Steffen Andersen & Philippe d'Astous & Jimmy Martínez‐Correa & Stephen H. Shore, 2022. "Responses to Eliminating Saving Commitments: Evidence from Mortgage Run‐offs," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(5), pages 1369-1405, August.
    46. Pei, Yun & Xie, Zoe, 2021. "A quantitative theory of time-consistent unemployment insurance," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 848-870.
    47. Andrew C. Johnston, 2021. "Unemployment Insurance Taxes and Labor Demand: Quasi-Experimental Evidence from Administrative Data," American Economic Journal: Economic Policy, American Economic Association, vol. 13(1), pages 266-293, February.
    48. Shanjun Li & Xianglei Zhu & Yiding Ma & Fan Zhang & Hui Zhou, 2022. "The Role of Government in the Market for Electric Vehicles: Evidence from China," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 41(2), pages 450-485, March.
    49. Hochmuth, Brigitte & Moyen, Stephane & Stähler, Nikolai, 2019. "Labor market reforms, precautionary savings, and global imbalances," Discussion Papers 13/2019, Deutsche Bundesbank.
    50. Emi Nakamura & Jón Steinsson, 2017. "Identification in Macroeconomics," NBER Working Papers 23968, National Bureau of Economic Research, Inc.
    51. Philip Jung & Anke Hassel & Robert Habeck & Matthias Knuth & Alexander Spermann & Hans Peter Grüner & Maximilian Joseph Blömer & Clemens Fuest & Andreas Peichl, 2019. "Reformvorschläge für den Arbeitsmarkt: Ist Hartz IV noch zukunftsfähig?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(06), pages 03-25, March.
    52. Mauri Kotamäki & Jukka Mattila & Jussi Tervola, 2018. "Distributional Impacts of Behavioral Effects – Ex-Ante Evaluation of the 2017 Unemployment Insurance Reform in Finland," International Journal of Microsimulation, International Microsimulation Association, vol. 11(2), pages 146-168.
    53. Karahan, Fatih & Mitman, Kurt & Moore, Brendan, 2022. "Micro and Macro Effects of UI Policies: Evidence from Missouri," CEPR Discussion Papers 14158, C.E.P.R. Discussion Papers.
    54. Xie, Zoe & Pei, Yun, 2016. "A Quantitative Theory of Time-Consistent Unemployment Insurance," MPRA Paper 74698, University Library of Munich, Germany.
    55. Elif S. Filiz, 2017. "The Effect of Unemployment Insurance Generosity on Unemployment Duration and Labor Market Transitions," LABOUR, CEIS, vol. 31(4), pages 369-393, December.
    56. Regmi, Krishna & J. Henderson, Daniel, 2019. "Labor demand shocks at birth and cognitive achievement during childhood," Economics of Education Review, Elsevier, vol. 73(C).
    57. Patrick J. Conway, 2022. "Unemployment insurance programs and the choice to leave the labor force," Southern Economic Journal, John Wiley & Sons, vol. 88(4), pages 1373-1400, April.
    58. Huixin Bi & Chaitri Gulati, 2021. "Fiscal Relief during the COVID-19 Pandemic," Economic Review, Federal Reserve Bank of Kansas City, vol. 106(no.2), pages 5-24, July.
    59. Julien Albertini & Arthur Poirier & Anthony Terriau, 2020. "The impact of EITC on education, labor market trajectories, and inequalities," Working Papers 2036, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    60. Li,Shanjun & Zhu,Xianglei & Ma,Yiding & Zhang,Fan & Zhou,Hui, 2020. "The Role of Government in the Market for Electric Vehicles : Evidence from China," Policy Research Working Paper Series 9359, The World Bank.
    61. Xu, Wenjian, 2018. "Entrepreneurship among the Unemployed: the Effect of Unemployment Benefit," SocArXiv 5dahz, Center for Open Science.

  10. Marcus Hagedorn & Fatih Karahan & Iourii Manovskii & Kurt Mitman, 2013. "Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects," NBER Working Papers 19499, National Bureau of Economic Research, Inc.

    Cited by:

    1. Kyle Herkenhoff & Lee Ohanian, 2018. "Online Appendix to "The Impact of Foreclosure Delay on U.S. Employment"," Online Appendices 18-242, Review of Economic Dynamics.
    2. Jeffrey Clemens, 2015. "The Minimum Wage and the Great Recession: Evidence from the Current Population Survey," NBER Working Papers 21830, National Bureau of Economic Research, Inc.
    3. Kory Kroft & Kavan Kucko & Etienne Lehmann & Johannes Friedrich Schmieder, 2017. "Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach," CESifo Working Paper Series 6686, CESifo.
    4. Karahan, Fatih & Mitman, Kurt & Moore, Brendan, 2019. "Individual and Market-Level Effects of UI Policies: Evidence from Missouri," IZA Discussion Papers 12805, Institute of Labor Economics (IZA).
    5. Henry S. Farber & Robert G. Valletta, 2013. "Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market," Working Papers 1450, Princeton University, Department of Economics, Industrial Relations Section..
    6. Sam Schulhofer-Wohl & Robert Hall, 2014. "Measuring Matching Efficiency with Heterogeneous Jobseekers," 2014 Meeting Papers 368, Society for Economic Dynamics.
    7. Julien Albertini & Xavier Fairise & Anthony Terriau, 2020. "Unemployment insurance, Recalls and Experience Rating," Working Papers 2014, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    8. Jia, Ye (George), 2023. "Did the unemployment benefits extension between 2009–2013 deter entrepreneurship in the US? Some evidence and a model of unemployment benefits and entrepreneurship," Economic Modelling, Elsevier, vol. 122(C).
    9. Hochmuth, Brigitte & Kohlbrecher, Britta & Merkl, Christian & Gartner, Hermann, 2021. "Hartz IV and the decline of German unemployment: A macroeconomic evaluation," Journal of Economic Dynamics and Control, Elsevier, vol. 127(C).
    10. Nils Mattis Gornemann, 2018. "HANK meets Ramsey: Optimal Coordination of Monetary and Labor Market Policies," 2018 Meeting Papers 1252, Society for Economic Dynamics.
    11. Kyle Herkenhoff, 2014. "The Impact of Consumer Credit Access on Unemployment," 2014 Meeting Papers 448, Society for Economic Dynamics.
    12. Merkl, Christian & Kohlbrecher, Britta, 2016. "Business Cycle Asymmetries and the Labor Market," VfS Annual Conference 2016 (Augsburg): Demographic Change 145704, Verein für Socialpolitik / German Economic Association.
    13. Drautzburg, Thorsten & Fernández-Villaverde, Jesús & Guerrón-Quintana, Pablo, 2021. "Bargaining shocks and aggregate fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 127(C).
    14. Galecka-Burdziak, Ewa & Góra, Marek & Jessen, Jonas & Jessen, Robin & Kluve, Jochen, 2021. "The Effects of Shortening Potential Benefit Duration: Evidence from Regional Cut-Offs and a Policy Reform," IZA Discussion Papers 14340, Institute of Labor Economics (IZA).
    15. Marco Di Maggio & Amir Kermani, 2016. "The Importance of Unemployment Insurance as an Automatic Stabilizer," NBER Working Papers 22625, National Bureau of Economic Research, Inc.
    16. Alisdair McKay & Ricardo Reis, 2016. "Optimal Automatic Stabilizers," Discussion Papers 1618, Centre for Macroeconomics (CFM).
    17. Marinescu, Ioana, 2019. "Reprint of: The general equilibrium impacts of unemployment insurance: Evidence from a large online job board," Journal of Public Economics, Elsevier, vol. 171(C), pages 70-85.
    18. Ioana Marinescu, 2016. "The General Equilibrium Impacts of Unemployment Insurance: Evidence from a Large Online Job Board," Working Papers id:11141, eSocialSciences.
    19. Auray, Stéphane & Fuller, David L. & Lkhagvasuren, Damba, 2019. "Unemployment insurance take-up rates in an equilibrium search model," European Economic Review, Elsevier, vol. 112(C), pages 1-31.
    20. Jie Jiang & Qihang Zhang & Yifan Hui, 2023. "The Impact of Market and Non-Market-Based Environmental Policy Instruments on Firms’ Sustainable Technological Innovation: Evidence from Chinese Firms," Sustainability, MDPI, vol. 15(5), pages 1-21, March.
    21. Elira Kuka, 2018. "Quantifying the Benefits of Social Insurance: Unemployment Insurance and Health," Departmental Working Papers 1808, Southern Methodist University, Department of Economics.
    22. Johannes F. Schmieder & Till von Wachter, 2016. "The Effects of Unemployment Insurance Benefits: New Evidence and Interpretation," Annual Review of Economics, Annual Reviews, vol. 8(1), pages 547-581, October.
    23. Robert E. Hall, 2016. "Macroeconomics of Persistent Slumps," NBER Working Papers 22230, National Bureau of Economic Research, Inc.
    24. Gordon Phillips & Kyle Herkenhoff, 2015. "The Impact of Consumer Credit Constraints on Earnings, Sorting, and Job Finding Rates of Displaced Workers," 2015 Meeting Papers 375, Society for Economic Dynamics.
    25. Kurt Mitman & Iourii Manovskii & Marcus Hagedorn, 2015. "The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?," 2015 Meeting Papers 1318, Society for Economic Dynamics.
    26. Andreas Hornstein & Marios Karabarbounis & Andre Kurmann & Etienne Lale & Lien Ta, 2023. "Disincentive Effects of Unemployment Insurance Benefits," Working Paper 23-11, Federal Reserve Bank of Richmond.
    27. Meghana Gaur & John R. Grigsby & Jonathon Hazell & Abdoulaye Ndiaye, 2023. "Bonus Question: How Does Flexible Incentive Pay Affect Wage Rigidity?," NBER Working Papers 31722, National Bureau of Economic Research, Inc.
    28. Euiyoung Jung, 2021. "On the design of labor market programs as stabilization policies," PSE Working Papers halshs-03243698, HAL.
    29. Pauline Carry, 2022. "The Effects of the Legal Minimum Working Time on Workers, Firms and the Labor Market," Working Papers hal-04067393, HAL.
    30. Julien Albertini & Arthur Poirier, 2015. "Online Appendix to "Unemployment Benefit Extension at the Zero Lower Bound"," Online Appendices 14-55, Review of Economic Dynamics.
    31. Mitman, Kurt & Krueger, Dirk & Perri, Fabrizio, 2016. "Macroeconomics and Household Heterogeneity," CEPR Discussion Papers 11308, C.E.P.R. Discussion Papers.
    32. Mitman, Kurt & Krueger, Dirk & Perri, Fabrizio, 2016. "On the Distribution of the Welfare Losses of Large Recessions," CEPR Discussion Papers 11413, C.E.P.R. Discussion Papers.
    33. Robert E. Hall, 2015. "Quantifying the Lasting Harm to the US Economy from the Financial Crisis," NBER Macroeconomics Annual, University of Chicago Press, vol. 29(1), pages 71-128.
    34. Gabriel Chodorow-Reich & Loukas Karabarbounis, 2016. "The Limited Macroeconomic Effects of Unemployment Benefit Extensions," Working Papers 733, Federal Reserve Bank of Minneapolis.
    35. Gabriel P. Mathy, 2015. "Hysteresis and Persistent Long-Term Unemployment: Lessons from the Great Depression and World War II," Working Papers 2015-02, American University, Department of Economics.
    36. Constantine Angyridis & Haiwen Zhou, 2022. "Search, technology choice, and unemployment," International Studies of Economics, John Wiley & Sons, vol. 17(3), pages 296-310, September.
    37. Steven Dieterle & Otavio Bartalotti & Quentin Brummet, 2016. "Revisiting the Effects of Unemployment Insurance Extensions on Unemployment: A Measurement Error-Corrected Regression Discontinuity Approach," Edinburgh School of Economics Discussion Paper Series 268, Edinburgh School of Economics, University of Edinburgh.
    38. Rafael Lalive & Camille Landais & Josef Zweimüller, 2015. "Market Externalities of Large Unemployment Insurance Extension Programs," American Economic Review, American Economic Association, vol. 105(12), pages 3564-3596, December.
    39. von Buxhoeveden, Mathias, 2019. "Unemployment insurance and wage formation," Working Paper Series 2019:13, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    40. Cacciatore, Matteo & Duval, Romain & Fiori, Giuseppe & Ghironi, Fabio, 2016. "Market reforms in the time of imbalance," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 69-93.
    41. Hackethal, Andreas & Weber, Annika, 2020. "Fiscal policies and household consumption during the COVID-19 pandemic: A review of early evidence," SAFE White Paper Series 76, Leibniz Institute for Financial Research SAFE.
    42. Farber, Henry S. & Rothstein, Jesse & Valletta, Robert G., 2015. "The Effect of Extended Unemployment Insurance Benefits: Evidence from the 2012-2013 Phase-Out," Institute for Research on Labor and Employment, Working Paper Series qt9vb7w655, Institute of Industrial Relations, UC Berkeley.
    43. Euiyoung Jung, 2021. "Rigid Wages, Endogenous Job Destruction, and Destabilizing Spirals," Working Papers halshs-03213006, HAL.
    44. Pauline Carry, 2022. "The Effects of the Legal Minimum Working Time on Workers, Firms and the Labor Market," SciencePo Working papers Main hal-04067393, HAL.
    45. Simon Jäger & Benjamin Schoefer & Samuel Young & Josef Zweimüller, 2018. "Wages and the value of nonemployment," ECON - Working Papers 313, Department of Economics - University of Zurich.
    46. East, Chloe N. & Kuka, Elira, 2015. "Reexamining the consumption smoothing benefits of Unemployment Insurance," Journal of Public Economics, Elsevier, vol. 132(C), pages 32-50.
    47. Thorsten Drautzburg & Jesus Fernandez-Villaverde & Pablo Guerrón-Quintana, 2017. "Political Distribution Risk and Aggregate Fluctuations," PIER Working Paper Archive 17-016, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 25 Jul 2017.
    48. Gabriel P. Mathy, 2018. "Hysteresis and persistent long-term unemployment: the American Beveridge Curve of the Great Depression and World War II," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 12(1), pages 127-152, January.
    49. Mr. Tom Krebs & Mr. Martin Scheffel, 2017. "Labor Market Institutions and the Cost of Recessions," IMF Working Papers 2017/087, International Monetary Fund.
    50. Alexander Ljungqvist & Michael Smolyansky, 2016. "To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income," Finance and Economics Discussion Series 2016-6, Board of Governors of the Federal Reserve System (U.S.).
    51. Yavuz Arslan & Ahmet Degerli & Gazi Kabas, 2019. "Unintended Consequences of Unemployment Insurance Benefits: The Role of Banks," Swiss Finance Institute Research Paper Series 19-44, Swiss Finance Institute.
    52. Loukas Karabarbounis & Gabriel Chodorow-Reich, 2014. "The Cyclicality of the Opportunity Cost of Employment," 2014 Meeting Papers 88, Society for Economic Dynamics.
    53. Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
    54. Clemens, Michael A., 2017. "The Effect of Occupational Visas on Native Employment: Evidence from Labor Supply to Farm Jobs in the Great Recession," IZA Discussion Papers 10492, Institute of Labor Economics (IZA).
    55. Desmond Toohey, 2021. "The effects of unemployment insurance in late career: Evidence from Social Security offsets," Southern Economic Journal, John Wiley & Sons, vol. 88(2), pages 628-648, October.
    56. Jessen, Jonas & Jessen, Robin & Galecka-Burdziak, Ewa & Góra, Marek & Kluve, Jochen, 2023. "The Micro and Macro Effects of Changes in the Potential Benefit Duration," IZA Discussion Papers 15978, Institute of Labor Economics (IZA).
    57. Greenwood, Jeremy & Seshadri, Ananth & Vandenbroucke, Guillaume, 2015. "Measurement Without Theory, Once Again," Journal of Demographic Economics, Cambridge University Press, vol. 81(3), pages 317-329, September.
    58. Brown, Alessio J.G. & Kohlbrecher, Britta & Merkl, Christian & Snower, Dennis J., 2021. "The effects of productivity and benefits on unemployment: Breaking the link," Economic Modelling, Elsevier, vol. 94(C), pages 967-980.
    59. Ofer Setty & David Weiss & Zvi Eckstein, 2014. "Financial Risk and Unemployment," 2014 Meeting Papers 517, Society for Economic Dynamics.
    60. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2016. "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output," Working Papers 16-25, Center for Economic Studies, U.S. Census Bureau.
    61. Mitman, Kurt & Rabinovich, Stanislav, 2021. "Whether, When and How to Extend Unemployment Benefits: Theory and Application to COVID-19," IZA Discussion Papers 14085, Institute of Labor Economics (IZA).
    62. Johannes F. Schmieder & Till von Wachter & Stefan Bender, 2013. "The Causal Effect of Unemployment Duration on Wages: Evidence from Unemployment Insurance Extensions," NBER Working Papers 19772, National Bureau of Economic Research, Inc.
    63. Lawrence J. Christiano & Martin S. Eichenbaum & Mathias Trabandt, 2013. "Unemployment and Business Cycles," NBER Working Papers 19265, National Bureau of Economic Research, Inc.
    64. Robert E. Hall & Sam Schulhofer-Wohl, 2018. "Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Job-Seekers," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(1), pages 1-32, January.
    65. Marcus Hagedorn & Iourii Manovskii & Kurt Mitman, 2016. "Interpreting Recent Quasi-Experimental Evidence on the Effects of Unemployment Benefit Extensions," NBER Working Papers 22280, National Bureau of Economic Research, Inc.
    66. Andrew C. Johnston, 2021. "Unemployment Insurance Taxes and Labor Demand: Quasi-Experimental Evidence from Administrative Data," American Economic Journal: Economic Policy, American Economic Association, vol. 13(1), pages 266-293, February.
    67. Andrew T. Foerster & Jose Mustre-del-Rio, 2014. "Search with wage posting under sticky prices," Research Working Paper RWP 14-17, Federal Reserve Bank of Kansas City.
    68. Gomme, Paul & Lkhagvasuren, Damba, 2015. "Worker search effort as an amplification mechanism," Journal of Monetary Economics, Elsevier, vol. 75(C), pages 106-122.
    69. Ignaszak, Marek & Jung, Philip & Kuester, Keith, 2020. "Federal Unemployment Reinsurance and Local Labor-Market Policies," IZA Discussion Papers 13886, Institute of Labor Economics (IZA).
    70. Andrew C. Johnston & Alexandre Mas, 2016. "Potential Unemployment Insurance Duration and Labor Supply: The Individual and Market-Level Response to a Benefit Cut," NBER Working Papers 22411, National Bureau of Economic Research, Inc.
    71. Arindrajit Dube, 2021. "Aggregate Employment Effects of Unemployment Benefits During Deep Downturns: Evidence from the Expiration of the Federal Pandemic Unemployment Compensation," NBER Working Papers 28470, National Bureau of Economic Research, Inc.
    72. Peter Ganong & Fiona Greig & Pascal Noel & Daniel M. Sullivan & Joseph Vavra, 2024. "Spending and Job-Finding Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data," American Economic Review, American Economic Association, vol. 114(9), pages 2898-2939, September.
    73. Andrew Garin & Emilie Jackson & Dmitri K. Koustas & Alicia Miller, 2023. "The Evolution of Platform Gig Work, 2012-2021," NBER Working Papers 31273, National Bureau of Economic Research, Inc.
    74. Clemens, Jeffrey & Wither, Michael, 2014. "Just the Facts: Demographic and Cross-Country Dimensions of the Employment Slump," MPRA Paper 60228, University Library of Munich, Germany.
    75. Euiyoung Jung, 2021. "On the design of labor market programs as stabilization policies," Working Papers halshs-03243698, HAL.
    76. Benjamin Schoefer, 2018. "Marginal Jobs and Job Surplus: Evidence from Separations and Unemployment Insurance," 2018 Meeting Papers 1309, Society for Economic Dynamics.
    77. Karahan, Fatih & Mitman, Kurt & Moore, Brendan, 2022. "Micro and Macro Effects of UI Policies: Evidence from Missouri," CEPR Discussion Papers 14158, C.E.P.R. Discussion Papers.
    78. Xie, Zoe & Pei, Yun, 2016. "A Quantitative Theory of Time-Consistent Unemployment Insurance," MPRA Paper 74698, University Library of Munich, Germany.
    79. Joonkyu Choi & Veronika Penciakova & Felipe Saffie, 2021. "Political Connections, Allocation of Stimulus Spending, and the Jobs Multiplier," Finance and Economics Discussion Series 2021-005r1, Board of Governors of the Federal Reserve System (U.S.), revised Jul 2021.
    80. Brown, Dan & De Cao, Elisabetta, 2018. "The impact of unemployment on child maltreatment in the United States," ISER Working Paper Series 2018-04, Institute for Social and Economic Research.
    81. Mitman, Kurt & Rabinovich, Stanislav, 2019. "Do Unemployment Benefit Extensions Explain the Emergence of Jobless Recoveries?," CEPR Discussion Papers 13760, C.E.P.R. Discussion Papers.
    82. Yavuz Arslan & Ahmet Degerli & Bulent Guler & Burhanettin Kurusçu, 2024. "Unemployment Insurance and Macro-Financial (In)Stability," Finance and Economics Discussion Series 2024-087, Board of Governors of the Federal Reserve System (U.S.).
    83. Pedro S. Amaral & Jessica Ice, 2014. "Reassessing the Effects of Extending Unemployment Insurance Benefits," Economic Commentary, Federal Reserve Bank of Cleveland, issue Nov.
    84. Rujiwattanapong, W. Similan, 2018. "Unemployment insurance and labour productivity over the business cycle," LSE Research Online Documents on Economics 90872, London School of Economics and Political Science, LSE Library.
    85. Bindler, Anna, 2016. "Still unemployed, what next? Crime and unemployment duration," Working Papers in Economics 660, University of Gothenburg, Department of Economics.
    86. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.
    87. Régis Barnichon & Andrew Figura, 2014. "The Effects of Unemployment Benefits on Unemployment and Labor Force Participation: Evidence from 35 Years of Benefits Extensions," Finance and Economics Discussion Series 2014-65, Board of Governors of the Federal Reserve System (U.S.).
    88. António Rua & Pedro Portugal, 2017. "Zooming the Ins and Outs of the U.S. Unemployment," Working Papers w201703, Banco de Portugal, Economics and Research Department.
    89. Mitman, Kurt & Rabinovich, Stanislav, 2020. "Optimal Unemployment Benefits in the Pandemic," CEPR Discussion Papers 14915, C.E.P.R. Discussion Papers.
    90. Thomas Dengler & Britta Gehrke, 2022. "Short-Time Work and Precautionary Savings," CESifo Working Paper Series 9873, CESifo.
    91. Tomaz Cajner & Andrew Figura & Brendan M. Price & David Ratner & Alison E. Weingarden, 2020. "Reconciling Unemployment Claims with Job Losses in the First Months of the COVID-19 Crisis," Finance and Economics Discussion Series 2020-055, Board of Governors of the Federal Reserve System (U.S.).
    92. Jaimovich, Nir & Ferraro, Domenico & Molinari, Francesca & Young, Cristobal, 2020. "The Safety Net as a Springboard? A General Equilibrium based Policy Evaluation," CEPR Discussion Papers 14786, C.E.P.R. Discussion Papers.
    93. Stephanie Johnson & John Mondragon & Anthony DeFusco, 2017. "Regulating Household Leverage," 2017 Meeting Papers 327, Society for Economic Dynamics.
    94. Schwartz Jeremy, 2020. "Job competition, human capital, and the lock-in effect: can unemployment insurance efficiently allocate human capital," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-23, January.
    95. Sílvio Rendon & Núria Quella‐Isla, 2023. "Interactions between job search and housing decisions: A structural estimation," Southern Economic Journal, John Wiley & Sons, vol. 90(2), pages 414-443, October.
    96. Robert E. Hall, 2017. "High Discounts and High Unemployment," American Economic Review, American Economic Association, vol. 107(2), pages 305-330, February.
    97. Ammar Farooq & Adriana D. Kugler & Umberto Muratori, 2020. "Do Unemployment Insurance Benefits Improve Match and Employer Quality? Evidence from Recent U.S. Recessions," NBER Working Papers 27574, National Bureau of Economic Research, Inc.
    98. Heinrich Hock & Walter Nicholson & Karen Needels & Joanne Lee & Priyanka Anand, "undated". "Additional Unemployment Compensation Benefits During the Great Recession: Recipients and Their Post-Claim Outcomes," Mathematica Policy Research Reports 881bfec473cb45498e8392657, Mathematica Policy Research.
    99. Yolanda Rebollo-Sanz & J. García-Pérez, 2015. "Are unemployment benefits harmful to the stability of working careers? The case of Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 6(1), pages 1-41, March.
    100. David Pence Slichter, 2015. "The Employment Effects of the Minimum Wage: A Selection Ratio Approach to Measuring Treatment Effects," 2015 Papers psl76, Job Market Papers.
    101. Den Haan, Wouter J. & Rendahl, Pontus & Riegler, Markus, 2015. "Unemployment (fears) and deflationary spirals," LSE Research Online Documents on Economics 86288, London School of Economics and Political Science, LSE Library.
    102. Dengler, Thomas & Gehrke, Britta & Zessner-Spitzenberg, Leopold, 2024. "Short-Time Work and Precautionary Savings," ECON WPS - Working Papers in Economic Theory and Policy 02/2024, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    103. Goensch, Johannes & Gulyas, Andreas & Kospentaris, Ioannis, 2024. "Worker mobility and UI extensions," European Economic Review, Elsevier, vol. 162(C).
    104. Gerard,François & Naritomi,Joana & Silva,Joana C. G., 2021. "Cash Transfers and Formal Labor Markets : Evidence from Brazil : Cash Transfers and the Local Economy: Evidence from Brazil," Policy Research Working Paper Series 9778, The World Bank.
    105. Bellon, Aymeric & Harpedanne de Belleville, Louis-Marie & Pinardon-Touati, Noémie, 2021. "Mediating Financial Intermediation," MPRA Paper 108339, University Library of Munich, Germany.
    106. Albertini, Julien & Poirier, Arthur, 2014. "Unemployment benefits extensions at the zero lower bound on nominal interest rate," SFB 649 Discussion Papers 2014-019, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    107. Pei, Yun & Xie, Zoe, 2021. "A quantitative theory of time-consistent unemployment insurance," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 848-870.
    108. Griffy, Benjamin & Rabinovich, Stanislav, 2023. "Worker selectivity and fiscal externalities from unemployment insurance," European Economic Review, Elsevier, vol. 156(C).
    109. Jung, Euiyoung, 2023. "Wage rigidity and destabilizing spirals," Journal of Macroeconomics, Elsevier, vol. 77(C).
    110. Kyle F. Herkenhoff & Lee E. Ohanian, 2015. "The Impact of Foreclosure Delay on U.S. Employment," NBER Working Papers 21532, National Bureau of Economic Research, Inc.
    111. Aiwei Huang, 2021. "To What Extent do Labor Market Outcomes respond to UI Extensions?," Papers 2104.12387, arXiv.org.
    112. Andrew Figura & David Ratner, 2017. "How Large were the Effects of Emergency and Extended Benefits on Unemployment during the Great Recession and its Aftermath?," Finance and Economics Discussion Series 2017-068, Board of Governors of the Federal Reserve System (U.S.).
    113. Maxim L. Pinkovskiy, 2015. "The Affordable Care Act and the labor market: a first look," Staff Reports 746, Federal Reserve Bank of New York.
    114. Julien Albertini & Arthur Poirier, 2015. "Unemployment benefit extensions at the zero lower bound," Post-Print halshs-02188496, HAL.
    115. Cerqua, Augusto & Pellegrini, Guido, 2018. "Local policy effects at a time of economic crisis," MPRA Paper 85621, University Library of Munich, Germany.
    116. Hugo Benítez-Silva & J. Ignacio García-Pérez & Sergi Jiménez-Martín, 2015. "The Effects of Employment Uncertainty, Unemployment Insurance, and Wealth Shocks on the Retirement Behavior of Older Americans," Working Papers 2015-06, FEDEA.
    117. Simon Mongey & Gianluca Violante & Alessandro Gavazza, 2015. "What Shifts the Beveridge Curve? Recruiting Intensity and Financial Shocks," 2015 Meeting Papers 1079, Society for Economic Dynamics.
    118. Dharmasankar, Sharada & Yoo, Hoyoung, 2023. "Assessing the main and spillover effects of Seattle's minimum wage on establishment decisions," Regional Science and Urban Economics, Elsevier, vol. 99(C).
    119. Marianna Kudlyak & M. Saif Mehkari & Bill Dupor & Marios Karabarbounis, 2017. "The Effect of the Recovery Act on Consumer Spending," 2017 Meeting Papers 707, Society for Economic Dynamics.

  11. Marcus Hagedorn & Fatih Karahan & Iourii Manovskii & Kurt Mitman, 2013. "Unemployment Benefits and Unemployment in the Great Recession: The Role of Equilibrium Effects," Staff Reports 646, Federal Reserve Bank of New York.

    Cited by:

    1. Allegretto, Sylvia & Dube, Arindrajit & Reich, Michael & Zipperer, Ben, 2013. "Credible Research Designs for Minimum Wage Studies," IZA Discussion Papers 7638, Institute of Labor Economics (IZA).
    2. Jeffrey Clemens, 2015. "The Minimum Wage and the Great Recession: Evidence from the Current Population Survey," NBER Working Papers 21830, National Bureau of Economic Research, Inc.
    3. Kory Kroft & Kavan Kucko & Etienne Lehmann & Johannes Friedrich Schmieder, 2017. "Optimal Income Taxation with Unemployment and Wage Responses: A Sufficient Statistics Approach," CESifo Working Paper Series 6686, CESifo.
    4. Julien Albertini & Xavier Fairise & Anthony Terriau, 2020. "Unemployment insurance, Recalls and Experience Rating," Working Papers 2014, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    5. Jia, Ye (George), 2023. "Did the unemployment benefits extension between 2009–2013 deter entrepreneurship in the US? Some evidence and a model of unemployment benefits and entrepreneurship," Economic Modelling, Elsevier, vol. 122(C).
    6. Kyle Herkenhoff, 2014. "The Impact of Consumer Credit Access on Unemployment," 2014 Meeting Papers 448, Society for Economic Dynamics.
    7. Merkl, Christian & Kohlbrecher, Britta, 2016. "Business Cycle Asymmetries and the Labor Market," VfS Annual Conference 2016 (Augsburg): Demographic Change 145704, Verein für Socialpolitik / German Economic Association.
    8. Galecka-Burdziak, Ewa & Góra, Marek & Jessen, Jonas & Jessen, Robin & Kluve, Jochen, 2021. "The Effects of Shortening Potential Benefit Duration: Evidence from Regional Cut-Offs and a Policy Reform," IZA Discussion Papers 14340, Institute of Labor Economics (IZA).
    9. Lechthaler, Wolfgang & Ring, Patrick, 2020. "Labor force participation, job search effort and unemployment insurance in the laboratory," Kiel Working Papers 2149, Kiel Institute for the World Economy (IfW Kiel).
    10. Alisdair McKay & Ricardo Reis, 2016. "Optimal Automatic Stabilizers," Discussion Papers 1618, Centre for Macroeconomics (CFM).
    11. Jie Jiang & Qihang Zhang & Yifan Hui, 2023. "The Impact of Market and Non-Market-Based Environmental Policy Instruments on Firms’ Sustainable Technological Innovation: Evidence from Chinese Firms," Sustainability, MDPI, vol. 15(5), pages 1-21, March.
    12. Michael A. Clemens, 2022. "The effect of seasonal work visas on native employment: Evidence from US farm work in the Great Recession," Review of International Economics, Wiley Blackwell, vol. 30(5), pages 1348-1374, November.
    13. Kyle Herkenhoff & Lee Ohanian, 2019. "The Impact of Foreclosure Delay on U.S. Employment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 63-83, January.
    14. Gordon Phillips & Kyle Herkenhoff, 2015. "The Impact of Consumer Credit Constraints on Earnings, Sorting, and Job Finding Rates of Displaced Workers," 2015 Meeting Papers 375, Society for Economic Dynamics.
    15. Clymo, AJ, 2017. "Heterogeneous Firms, Wages, and the Effects of Financial Crises," Economics Discussion Papers 20572, University of Essex, Department of Economics.
    16. Pauline Carry, 2022. "The Effects of the Legal Minimum Working Time on Workers, Firms and the Labor Market," Working Papers hal-04067393, HAL.
    17. Euiyoung Jung, 2021. "On the design of labor market programs as stabilization policies," PSE Working Papers halshs-03243698, HAL.
    18. Julien Albertini & Arthur Poirier, 2015. "Online Appendix to "Unemployment Benefit Extension at the Zero Lower Bound"," Online Appendices 14-55, Review of Economic Dynamics.
    19. Silvio Rendon & Nuria Quella, 2013. "Behind the Great Recession: Job Search and Housing Decisions," Department of Economics Working Papers 13-03, Stony Brook University, Department of Economics.
    20. Paul Gomme & Damba Lkhagvasuren, 2013. "The Cyclicality of Search Intensity in a Competitive Search Model," Working Papers 13002, Concordia University, Department of Economics, revised Sep 2013.
    21. Mitman, Kurt & Krueger, Dirk & Perri, Fabrizio, 2016. "Macroeconomics and Household Heterogeneity," CEPR Discussion Papers 11308, C.E.P.R. Discussion Papers.
    22. Robert E. Hall, 2015. "Quantifying the Lasting Harm to the US Economy from the Financial Crisis," NBER Macroeconomics Annual, University of Chicago Press, vol. 29(1), pages 71-128.
    23. Xie, Zoe, 2019. "Delayed collection of unemployment insurance in recessions," European Economic Review, Elsevier, vol. 118(C), pages 274-295.
    24. Constantine Angyridis & Haiwen Zhou, 2022. "Search, technology choice, and unemployment," International Studies of Economics, John Wiley & Sons, vol. 17(3), pages 296-310, September.
    25. Rafael Lalive & Camille Landais & Josef Zweimüller, 2015. "Market Externalities of Large Unemployment Insurance Extension Programs," American Economic Review, American Economic Association, vol. 105(12), pages 3564-3596, December.
    26. Cacciatore, Matteo & Duval, Romain & Fiori, Giuseppe & Ghironi, Fabio, 2016. "Market reforms in the time of imbalance," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 69-93.
    27. Hackethal, Andreas & Weber, Annika, 2020. "Fiscal policies and household consumption during the COVID-19 pandemic: A review of early evidence," SAFE White Paper Series 76, Leibniz Institute for Financial Research SAFE.
    28. Pauline Carry, 2022. "The Effects of the Legal Minimum Working Time on Workers, Firms and the Labor Market," SciencePo Working papers Main hal-04067393, HAL.
    29. Euiyoung Jung, 2021. "Rigid Wages, Endogenous Job Destruction, and Destabilizing Spirals," Working Papers halshs-03213006, HAL.
    30. Simon Jäger & Benjamin Schoefer & Samuel Young & Josef Zweimüller, 2018. "Wages and the value of nonemployment," ECON - Working Papers 313, Department of Economics - University of Zurich.
    31. East, Chloe N. & Kuka, Elira, 2015. "Reexamining the consumption smoothing benefits of Unemployment Insurance," Journal of Public Economics, Elsevier, vol. 132(C), pages 32-50.
    32. Gabriel P. Mathy, 2018. "Hysteresis and persistent long-term unemployment: the American Beveridge Curve of the Great Depression and World War II," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 12(1), pages 127-152, January.
    33. Bill Dupor, 2013. "Creating jobs via the 2009 recovery act: state medicaid grants compared to broadly-directed spending," Working Papers 2013-035, Federal Reserve Bank of St. Louis.
    34. Alexander Ljungqvist & Michael Smolyansky, 2016. "To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income," Finance and Economics Discussion Series 2016-6, Board of Governors of the Federal Reserve System (U.S.).
    35. Yavuz Arslan & Ahmet Degerli & Gazi Kabas, 2019. "Unintended Consequences of Unemployment Insurance Benefits: The Role of Banks," Swiss Finance Institute Research Paper Series 19-44, Swiss Finance Institute.
    36. Loukas Karabarbounis & Gabriel Chodorow-Reich, 2014. "The Cyclicality of the Opportunity Cost of Employment," 2014 Meeting Papers 88, Society for Economic Dynamics.
    37. Jonathon Hazell & Bledi Taska, 2020. "Downward Rigidity in the Wage for New Hires," Discussion Papers 2028, Centre for Macroeconomics (CFM).
    38. Desmond Toohey, 2021. "The effects of unemployment insurance in late career: Evidence from Social Security offsets," Southern Economic Journal, John Wiley & Sons, vol. 88(2), pages 628-648, October.
    39. Jessen, Jonas & Jessen, Robin & Galecka-Burdziak, Ewa & Góra, Marek & Kluve, Jochen, 2023. "The Micro and Macro Effects of Changes in the Potential Benefit Duration," IZA Discussion Papers 15978, Institute of Labor Economics (IZA).
    40. Brown, Alessio J.G. & Kohlbrecher, Britta & Merkl, Christian & Snower, Dennis J., 2021. "The effects of productivity and benefits on unemployment: Breaking the link," Economic Modelling, Elsevier, vol. 94(C), pages 967-980.
    41. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2016. "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output," Working Papers 16-25, Center for Economic Studies, U.S. Census Bureau.
    42. Mitman, Kurt & Rabinovich, Stanislav, 2021. "Whether, When and How to Extend Unemployment Benefits: Theory and Application to COVID-19," IZA Discussion Papers 14085, Institute of Labor Economics (IZA).
    43. Étienne Lalé, 2018. "Labor-market Frictions, Incomplete Insurance and Severance Payments," CIRANO Working Papers 2018s-14, CIRANO.
    44. Johannes F. Schmieder & Till von Wachter & Stefan Bender, 2013. "The Causal Effect of Unemployment Duration on Wages: Evidence from Unemployment Insurance Extensions," NBER Working Papers 19772, National Bureau of Economic Research, Inc.
    45. Lawrence J. Christiano & Martin S. Eichenbaum & Mathias Trabandt, 2013. "Unemployment and Business Cycles," NBER Working Papers 19265, National Bureau of Economic Research, Inc.
    46. Andrew T. Foerster & Jose Mustre-del-Rio, 2014. "Search with wage posting under sticky prices," Research Working Paper RWP 14-17, Federal Reserve Bank of Kansas City.
    47. Gomme, Paul & Lkhagvasuren, Damba, 2015. "Worker search effort as an amplification mechanism," Journal of Monetary Economics, Elsevier, vol. 75(C), pages 106-122.
    48. Arash Nekoei & Andrea Weber, 2014. "Does Extending Unemployment Benefits Improve Job Quality?," NRN working papers 2014-04, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
    49. Andrew C. Johnston & Alexandre Mas, 2016. "Potential Unemployment Insurance Duration and Labor Supply: The Individual and Market-Level Response to a Benefit Cut," NBER Working Papers 22411, National Bureau of Economic Research, Inc.
    50. Arindrajit Dube, 2021. "Aggregate Employment Effects of Unemployment Benefits During Deep Downturns: Evidence from the Expiration of the Federal Pandemic Unemployment Compensation," NBER Working Papers 28470, National Bureau of Economic Research, Inc.
    51. Andrew Garin & Emilie Jackson & Dmitri K. Koustas & Alicia Miller, 2023. "The Evolution of Platform Gig Work, 2012-2021," NBER Working Papers 31273, National Bureau of Economic Research, Inc.
    52. Clemens, Jeffrey & Wither, Michael, 2014. "Just the Facts: Demographic and Cross-Country Dimensions of the Employment Slump," MPRA Paper 60228, University Library of Munich, Germany.
    53. Euiyoung Jung, 2021. "On the design of labor market programs as stabilization policies," Working Papers halshs-03243698, HAL.
    54. Joonkyu Choi & Veronika Penciakova & Felipe Saffie, 2021. "Political Connections, Allocation of Stimulus Spending, and the Jobs Multiplier," Finance and Economics Discussion Series 2021-005r1, Board of Governors of the Federal Reserve System (U.S.), revised Jul 2021.
    55. Pedro S. Amaral & Jessica Ice, 2014. "Reassessing the Effects of Extending Unemployment Insurance Benefits," Economic Commentary, Federal Reserve Bank of Cleveland, issue Nov.
    56. Rujiwattanapong, W. Similan, 2018. "Unemployment insurance and labour productivity over the business cycle," LSE Research Online Documents on Economics 90872, London School of Economics and Political Science, LSE Library.
    57. Bindler, Anna, 2016. "Still unemployed, what next? Crime and unemployment duration," Working Papers in Economics 660, University of Gothenburg, Department of Economics.
    58. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.
    59. Régis Barnichon & Andrew Figura, 2014. "The Effects of Unemployment Benefits on Unemployment and Labor Force Participation: Evidence from 35 Years of Benefits Extensions," Finance and Economics Discussion Series 2014-65, Board of Governors of the Federal Reserve System (U.S.).
    60. Thomas Dengler & Britta Gehrke, 2022. "Short-Time Work and Precautionary Savings," CESifo Working Paper Series 9873, CESifo.
    61. Jaimovich, Nir & Ferraro, Domenico & Molinari, Francesca & Young, Cristobal, 2020. "The Safety Net as a Springboard? A General Equilibrium based Policy Evaluation," CEPR Discussion Papers 14786, C.E.P.R. Discussion Papers.
    62. Schwartz Jeremy, 2020. "Job competition, human capital, and the lock-in effect: can unemployment insurance efficiently allocate human capital," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(1), pages 1-23, January.
    63. Sílvio Rendon & Núria Quella‐Isla, 2023. "Interactions between job search and housing decisions: A structural estimation," Southern Economic Journal, John Wiley & Sons, vol. 90(2), pages 414-443, October.
    64. Keum, Daniel & Meier, Stephan, 2020. "License to Fire? Unemployment Insurance and the Moral Cost of Layoffs," IZA Discussion Papers 13497, Institute of Labor Economics (IZA).
    65. Robert E. Hall, 2017. "High Discounts and High Unemployment," American Economic Review, American Economic Association, vol. 107(2), pages 305-330, February.
    66. Ammar Farooq & Adriana D. Kugler & Umberto Muratori, 2020. "Do Unemployment Insurance Benefits Improve Match and Employer Quality? Evidence from Recent U.S. Recessions," NBER Working Papers 27574, National Bureau of Economic Research, Inc.
    67. Harry J. Holzer & Glenn Hubbard & Michael R. Strain, 2024. "Did pandemic unemployment benefits increase unemployment? Evidence from early state‐level expirations," Economic Inquiry, Western Economic Association International, vol. 62(1), pages 24-38, January.
    68. Heinrich Hock & Walter Nicholson & Karen Needels & Joanne Lee & Priyanka Anand, "undated". "Additional Unemployment Compensation Benefits During the Great Recession: Recipients and Their Post-Claim Outcomes," Mathematica Policy Research Reports 881bfec473cb45498e8392657, Mathematica Policy Research.
    69. Yolanda Rebollo-Sanz & J. García-Pérez, 2015. "Are unemployment benefits harmful to the stability of working careers? The case of Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 6(1), pages 1-41, March.
    70. David Pence Slichter, 2015. "The Employment Effects of the Minimum Wage: A Selection Ratio Approach to Measuring Treatment Effects," 2015 Papers psl76, Job Market Papers.
    71. Dengler, Thomas & Gehrke, Britta & Zessner-Spitzenberg, Leopold, 2024. "Short-Time Work and Precautionary Savings," ECON WPS - Working Papers in Economic Theory and Policy 02/2024, TU Wien, Institute of Statistics and Mathematical Methods in Economics, Economics Research Unit.
    72. Gerard,François & Naritomi,Joana & Silva,Joana C. G., 2021. "Cash Transfers and Formal Labor Markets : Evidence from Brazil : Cash Transfers and the Local Economy: Evidence from Brazil," Policy Research Working Paper Series 9778, The World Bank.
    73. Bellon, Aymeric & Harpedanne de Belleville, Louis-Marie & Pinardon-Touati, Noémie, 2021. "Mediating Financial Intermediation," MPRA Paper 108339, University Library of Munich, Germany.
    74. Albertini, Julien & Poirier, Arthur, 2014. "Unemployment benefits extensions at the zero lower bound on nominal interest rate," SFB 649 Discussion Papers 2014-019, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    75. Jung, Euiyoung, 2023. "Wage rigidity and destabilizing spirals," Journal of Macroeconomics, Elsevier, vol. 77(C).
    76. Aiwei Huang, 2021. "To What Extent do Labor Market Outcomes respond to UI Extensions?," Papers 2104.12387, arXiv.org.
    77. Maxim L. Pinkovskiy, 2015. "The Affordable Care Act and the labor market: a first look," Staff Reports 746, Federal Reserve Bank of New York.
    78. Julien Albertini & Arthur Poirier, 2015. "Unemployment benefit extensions at the zero lower bound," Post-Print halshs-02188496, HAL.
    79. Euiyoung Jung, 2021. "Rigid Wages, Endogenous Job Destruction, and Destabilizing Spirals," PSE Working Papers halshs-03213006, HAL.
    80. Simon Mongey & Gianluca Violante & Alessandro Gavazza, 2015. "What Shifts the Beveridge Curve? Recruiting Intensity and Financial Shocks," 2015 Meeting Papers 1079, Society for Economic Dynamics.
    81. Dharmasankar, Sharada & Yoo, Hoyoung, 2023. "Assessing the main and spillover effects of Seattle's minimum wage on establishment decisions," Regional Science and Urban Economics, Elsevier, vol. 99(C).

  12. Marcus Hagedorn & Tzuo Hann Law & Iourii Manovskii, 2012. "Identifying Equilibrium Models of Labor Market Sorting," NBER Working Papers 18661, National Bureau of Economic Research, Inc.

    Cited by:

    1. Xiaoming Cai & Pieter A. Gautier & Ronald P. Wolthoff, 2021. "Search, Screening and Sorting," CESifo Working Paper Series 9158, CESifo.
    2. Jeremy Lise & Costas Meghir & Jean-Marc Robin, 2013. "Matching, Sorting and Wages," Working Papers hal-01070442, HAL.
    3. John M. Abowd & Francis Kramarz & Sébastien Pérez-Duarte & Ian M. Schmutte, 2018. "Sorting Between and Within Industries: A Testable Model of Assortative Matching," Annals of Economics and Statistics, GENES, issue 129, pages 1-32.
    4. Bahar Baziki, Selva & Ginja, Rita & Borota Milicevic, Teodora, 2015. "Trade Competition, Technology and Labor Re-allocation," Working Paper Series, Center for Labor Studies 2016:1, Uppsala University, Department of Economics.
    5. Sekyu Choi & Stefano Banfi & Benjamín Villena-Roldán, 2019. "Sorting On-line and On-time," Bristol Economics Discussion Papers 19/706, School of Economics, University of Bristol, UK.
    6. Matilde Bombardini & Gianluca Orefice & Maria D. Tito, 2015. "Does Exporting Improve Matching? Evidence from French Employer-Employee Data," Finance and Economics Discussion Series 2015-113, Board of Governors of the Federal Reserve System (U.S.).
    7. Gordon Phillips & Kyle Herkenhoff, 2015. "The Impact of Consumer Credit Constraints on Earnings, Sorting, and Job Finding Rates of Displaced Workers," 2015 Meeting Papers 375, Society for Economic Dynamics.
    8. Bassi, Vittorio & Nyshadham, Anant & Tamayo, Jorge & Adhvaryu, Achyuta, 2020. "No Line Left Behind: Assortative Matching Inside the Firm," CEPR Discussion Papers 14554, C.E.P.R. Discussion Papers.
    9. Gallen, Yana & Lesner, Rune V. & Vejlin, Rune Majlund, 2017. "The Labor Market Gender Gap in Denmark: Sorting Out the Past 30 Years," IZA Discussion Papers 10789, Institute of Labor Economics (IZA).
    10. ZHANG, Yangyang & ZHENG, Xinye & XIE, Lunyu, 2021. "How do poverty alleviation coordinators help the impoverished in rural China? -- Evidence from the Chinese poor population tracking dataset," China Economic Review, Elsevier, vol. 69(C).
    11. Faia, Ester & Laffitte, Sébastien & Mayer, Maximilian & Ottaviano, Gianmarco, 2020. "Automation, Globalization and Vanishing Jobs: A Labor Market Sorting View," CEPR Discussion Papers 14787, C.E.P.R. Discussion Papers.
    12. Peter Hull, 2018. "Estimating Treatment Effects in Mover Designs," Papers 1804.06721, arXiv.org.
    13. Stephan Lauermann & Georg Nöldeke & Thomas Tröger, 2019. "The Balance Condition in Search-and-Matching Models," CRC TR 224 Discussion Paper Series crctr224_2019_120, University of Bonn and University of Mannheim, Germany.
    14. Braxton, John Carter & Chikhale, Nisha & Herkenhoff, Kyle & Phillips, Gordon, 2024. "Intergenerational Mobility and Credit," IZA Discussion Papers 16826, Institute of Labor Economics (IZA).
    15. Borowczyk-Martins, Daniel & Bradley, Jake & Tarasonis, Linas, 2017. "Racial discrimination in the U.S. labor market: Employment and wage differentials by skill," Labour Economics, Elsevier, vol. 49(C), pages 106-127.
    16. Chiara Lacava, 2023. "Matching and sorting across regions," Journal of Economic Geography, Oxford University Press, vol. 23(4), pages 801-822.
    17. Pytka, Krzysztof & Gulyas, Andreas, 2021. "Understanding the Sources of Earnings Losses After Job Displacement: A Machine-Learning Approach," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242402, Verein für Socialpolitik / German Economic Association.
    18. Taber, Christopher & Vejlin, Rune Majlund, 2016. "Estimation of a Roy/Search/Compensating Differential Model of the Labor Market," IZA Discussion Papers 9975, Institute of Labor Economics (IZA).
    19. Gulyas, Andreas & Meier, Matthias & Ryzhenkov, Mykola, 2024. "Labor market effects of monetary policy across workers and firms," European Economic Review, Elsevier, vol. 166(C).
    20. Christian Moser & Niklas Engbom, 2016. "Earnings Inequality and the Minimum Wage: Evidence from Brazil," 2016 Meeting Papers 72, Society for Economic Dynamics.
    21. Schulz, Bastian, 2024. "Labor market dynamics with sorting," Journal of Economic Dynamics and Control, Elsevier, vol. 158(C).
    22. Schwartz, Jacob & Song, Kyungchul, 2024. "The law of large numbers for large stable matchings," Journal of Econometrics, Elsevier, vol. 241(1).
    23. Leland D. Crane, 2014. "Firm Dynamics and Assortative Matching," Working Papers 14-25, Center for Economic Studies, U.S. Census Bureau.
    24. Cooray, Arusha & Jha, Chandan Kumar & Panda, Bibhudutta, 2023. "Corruption and assortative matching of partners in international trade," European Journal of Political Economy, Elsevier, vol. 77(C).
    25. Benjamin Bruns, 2019. "Changes in Workplace Heterogeneity and How They Widen the Gender Wage Gap," American Economic Journal: Applied Economics, American Economic Association, vol. 11(2), pages 74-113, April.
    26. Merlino, Luca Paolo & Parrotta, Pierpaolo & Pozzoli, Dario, 2014. "Gender Differences in Sorting," Working Papers 01-2014, Copenhagen Business School, Department of Economics.
    27. Jeremy Lise & Costas Meghir & Jean-Marc Robin, 2013. "Mismatch, Sorting and Wage Dynamics," Cowles Foundation Discussion Papers 1886, Cowles Foundation for Research in Economics, Yale University.
    28. Isaac Sorkin, 2018. "Ranking Firms Using Revealed Preference," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(3), pages 1331-1393.
    29. Giovanni Gallipoli & Khalil Esmkhani & Michael Böhm, 2019. "Skill-Biased Firms and the Distribution of Labor Market Returns," 2019 Meeting Papers 1199, Society for Economic Dynamics.
    30. Kory Kantenga, 2016. "Sorting and Wage Inequality," 2016 Meeting Papers 660, Society for Economic Dynamics.
    31. Fabien Postel-Vinay & Ilse Lindenlaub, 2017. "Multidimensional Sorting under Random Search," 2017 Meeting Papers 501, Society for Economic Dynamics.
    32. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2016. "How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output," Working Papers 16-25, Center for Economic Studies, U.S. Census Bureau.
    33. Katarína Borovičková & Robert Shimer, 2017. "High Wage Workers Work for High Wage Firms," NBER Working Papers 24074, National Bureau of Economic Research, Inc.
    34. Winkler, Erwin, 2020. "Diverging paths: Labor reallocation, sorting, and wage inequality," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224535, Verein für Socialpolitik / German Economic Association.
    35. Lochner, Benjamin & Schulz, Bastian, 2020. "Firm productivity, wages, and sorting," IAB-Discussion Paper 202004, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    36. Torres, Sónia & Portugal, Pedro & Addison, John T. & Guimarães, Paulo, 2018. "The sources of wage variation and the direction of assortative matching: Evidence from a three-way high-dimensional fixed effects regression model," Labour Economics, Elsevier, vol. 54(C), pages 47-60.
    37. Ewens, Michael & Gorbenko, Alexander & Korteweg, Arthur, 2022. "Venture capital contracts," Journal of Financial Economics, Elsevier, vol. 143(1), pages 131-158.
    38. Roberto Pinheiro & Murat Tasci, 2019. "Firms, Skills, and Wage Inequality," Working Papers 17-06R, Federal Reserve Bank of Cleveland.
    39. Philipp Ehrl, 2019. "On The Use Of Firm Fixed Effects As A Productivity Measure For Analyzing Labor Market Matching," Bulletin of Economic Research, Wiley Blackwell, vol. 71(2), pages 195-208, April.
    40. Schulz, Bastian & Lochner, Benjamin, 2016. "Labor Market Sorting in Germany," VfS Annual Conference 2016 (Augsburg): Demographic Change 145902, Verein für Socialpolitik / German Economic Association.
    41. Carillo-Tudela, Carlos & Coles, Melvyn, 2015. "Quit Turnover and the Business Cycle: A Survey," Economics Series 317, Institute for Advanced Studies.
    42. Elena Krasnokutskaya & Christian Terwiesch & Lucia Tiererova, 2018. "Trading across Borders in Online Auctions," American Economic Journal: Microeconomics, American Economic Association, vol. 10(4), pages 27-66, November.
    43. Fehn, Rebecca & Frings, Hanna, 2018. "Decomposing the Returns to Regional Mobility," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181609, Verein für Socialpolitik / German Economic Association.
    44. Hector Chade & Jan Eeckhout & Lones Smith, 2017. "Sorting through Search and Matching Models in Economics," Journal of Economic Literature, American Economic Association, vol. 55(2), pages 493-544, June.
    45. Bobasu, Alina & Repele, Amalia, 2025. "Effects of monetary policy on labor income: the role of the employer," Working Paper Series 3046, European Central Bank.
    46. Schoellman, Todd, 2020. "Comment on “migration costs and observational returns to migration in the developing world”," Journal of Monetary Economics, Elsevier, vol. 113(C), pages 155-157.
    47. Eugenia Andreasen & Patricio Valenzuela, 2018. "Investment Opportunities and Corporate Credit Risk," Documentos de Trabajo 336, Centro de Economía Aplicada, Universidad de Chile.
    48. Marcus Hagedorn & Iourii Manovskii, 2014. "The Research Agenda: Marcus Hagedorn and Iourii Manovskii on Theory Ahead of Identification," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 15(1), April.
    49. Gorn, A., 2019. "The Role of Headhunters in Wage Inequality: It's All about Matching," Cambridge Working Papers in Economics 1926, Faculty of Economics, University of Cambridge.
    50. Thomas Peeters & Jan C. van Ours, 2022. "International Assortative Matching in the European Labor Market," Tinbergen Institute Discussion Papers 22-057/V, Tinbergen Institute.
    51. Crane, Leland D. & Hyatt, Henry R. & Murray, Seth M., 2023. "Cyclical labor market sorting," Journal of Econometrics, Elsevier, vol. 233(2), pages 524-543.
    52. Andreas Gulyas, 2018. "Identifying Labor Market Sorting with Firm Dynamics," 2018 Meeting Papers 856, Society for Economic Dynamics.
    53. Eeckhout, Jan & Weng, Xi, 2024. "The technological origins of the decline in labor market dynamism," Journal of Economic Dynamics and Control, Elsevier, vol. 169(C).
    54. Freund, L. B., 2022. "Superstar Teams: The Micro Origins and Macro Implications of Coworker Complementarities," Cambridge Working Papers in Economics 2276, Faculty of Economics, University of Cambridge.
    55. Toru Kitagawa & Martin Nybom & Jan Stuhler, 2018. "Measurement error and rank correlations," CeMMAP working papers CWP28/18, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    56. Ivan Badinski & Amy Finkelstein & Matthew Gentzkow & Peter Hull, 2023. "Geographic Variation in Healthcare Utilization: The Role of Physicians," NBER Working Papers 31749, National Bureau of Economic Research, Inc.
    57. Annaïg Morin, 2023. "Workplace heterogeneity and wage inequality in Denmark," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 38(1), pages 123-133, January.
    58. Jason Sockin, 2022. "Show Me the Amenity: Are Higher-Paying Firms Better All Around?," CESifo Working Paper Series 9842, CESifo.
    59. Rasmus Lentz & Jean Marc Robin & Suphanit Piyapromdee, 2018. "On Worker and Firm Heterogeneity in Wages and Employment Mobility: Evidence from Danish Register Data," 2018 Meeting Papers 469, Society for Economic Dynamics.
    60. Jacob Schwartz, 2018. "Schooling Choice, Labour Market Matching, and Wages," Papers 1803.09020, arXiv.org, revised Aug 2019.
    61. Bräuer, Richard, 2024. "Searching where Ideas Are Harder to Find – The Productivity Slowdown as a Result of Firms Hindering Disruptive Innovation," IWH Discussion Papers 22/2023, Halle Institute for Economic Research (IWH), revised 2024.
    62. Benoît Schmutz & Modibo Sidibé, 2021. "Search and Zipf: A model of Frictional Spatial Equilibrium," Working Papers 2021-01, Center for Research in Economics and Statistics.
    63. Behrang Kamali Shahdadi, 2024. "Labor market efficiency: output as the measure of welfare," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 62(2), pages 419-441, March.

  13. Iourii Manovskii & Marcus Hagedorn, 2011. "Search Frictions and Wage Dispersion," 2011 Meeting Papers 1195, Society for Economic Dynamics.

    Cited by:

    1. Gottfries, Axel & Teulings, Coen, 2017. "Returns to On-the-Job Search and the Dispersion of Wages," IZA Discussion Papers 10668, Institute of Labor Economics (IZA).
    2. Jung, Philip & Kuhn, Moritz, 2012. "Earnings Losses and Labor Mobility over the Lifecycle," IZA Discussion Papers 6835, Institute of Labor Economics (IZA).
    3. Sébastien Ménard, 2020. "The impact of benefit sanctions on equilibrium wage dispersion and job vacancies," Working Papers hal-02441229, HAL.
    4. Axel Gottfries & Coen Teulings, 2016. "Returns to On-the-Job Search and the Dispersion of Wages," Tinbergen Institute Discussion Papers 16-080/VI, Tinbergen Institute.
    5. Teulings, Coen & Gottfries, Axel, 2017. "Returns to on-the-job search and the dispersion of wages," CEPR Discussion Papers 11921, C.E.P.R. Discussion Papers.
    6. Axel Gottfries & Coen N. Teulings, 2017. "Returns to On-The-Job Search and the Dispersion of Wages," CESifo Working Paper Series 6410, CESifo.
    7. Gottfries, Axel & Teulings, Coen, 2016. "Returns to on-the-job search and the dispersion of wages," LSE Research Online Documents on Economics 86219, London School of Economics and Political Science, LSE Library.
    8. Gottfries, A. & Teulings, T., 2017. "Returns to On-the-Job Search and the Dispersion of Wages," Cambridge Working Papers in Economics 1737, Faculty of Economics, University of Cambridge.
    9. Gottfries, Axel & Teulings, Coen, 2023. "Returns to on-the-job search and wage dispersion," Labour Economics, Elsevier, vol. 80(C).

  14. Marcus Hagedorn & Iourii Manovskii & Luigi Bocola, 2011. "Identifying Technology Shocks in Models with Heterogeneous Inputs," 2011 Meeting Papers 1393, Society for Economic Dynamics.

    Cited by:

    1. Marcus Hagedorn, 2011. "Comment on "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the U.S. and Europe"," NBER Chapters, in: NBER International Seminar on Macroeconomics 2011, pages 236-240, National Bureau of Economic Research, Inc.

  15. Marcus Hagedorn & Iourii Manovskii & Luigi Bocola, 2010. "The Dynamic Effects of Aggregate Demand and Supply Disturbances in Models with Heterogeneous Inputs," 2010 Meeting Papers 1125, Society for Economic Dynamics.

    Cited by:

    1. Wozniak, Marcin, 2016. "Job placement agencies in an agent-based model of the local labor market with the long-term unemployed and on-the-job flows," Economics Discussion Papers 2016-24, Kiel Institute for the World Economy (IfW Kiel).

  16. Iourii Manovskii & Marcus Hagedorn, 2009. "Wages over the Business Cycle: Spot Markets?," 2009 Meeting Papers 1072, Society for Economic Dynamics.

    Cited by:

    1. Thomas Åstebro & Jing Chen & Peter Thompson, 2011. "Stars and Misfits: Self-Employment and Labor Market Frictions," Management Science, INFORMS, vol. 57(11), pages 1999-2017, November.

  17. Hagedorn, Marcus, 2008. "Nominal and real interest rates during an optimal disinflation in New Keynesian models," Working Paper Series 878, European Central Bank.

    Cited by:

    1. Hagedorn, Marcus, 2011. "Optimal disinflation in new Keynesian models," Journal of Monetary Economics, Elsevier, vol. 58(3), pages 248-261.

  18. Hagedorn, Marcus & Manovskii, Iourii, 2008. "The cyclical behavior of equilibrium unemployment and vacancies revisited," Working Paper Series 853, European Central Bank.

    Cited by:

    1. Philip, Jung & Moritz, Kuhn, 2011. "The Era of the U.S.-Europe Labor Market Divide: What can we learn?," MPRA Paper 32322, University Library of Munich, Germany.
    2. Gali, Jordi & van Rens, Thijs, 2015. "The Vanishing Procyclicality of Labor Productivity," The Warwick Economics Research Paper Series (TWERPS) 1062, University of Warwick, Department of Economics.
    3. Hairault, Jean-Olivier & Langot, Francois & Sopraseuth, Thepthida, 2019. "Unemployment fluctuations over the life cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 100(C), pages 334-352.
    4. Eleni Iliopulos & François Langot & Thepthida Sopraseuth, 2019. "Welfare Cost of Fluctuations When Labor Market Search Interacts with Financial Frictions," PSE-Ecole d'économie de Paris (Postprint) hal-03970668, HAL.
    5. Haefke, Christian & Reiter, Michael, 2006. "Endogenous Labor Market Participation and the Business Cycle," IZA Discussion Papers 2029, Institute of Labor Economics (IZA).
    6. Stanislav Rabinovich & Kurt Mitman, 2012. "Unemployment Benefits Caused Jobless Recoveries!?," 2012 Meeting Papers 1112, Society for Economic Dynamics.
    7. Farmer, Roger, 2009. "Fiscal Policy Can Reduce Unemployment: But There is a Better Alternative," CEPR Discussion Papers 7526, C.E.P.R. Discussion Papers.
    8. Lochner, Benjamin, 2014. "Employment protection in dual labor markets: Any amplification of macroeconomic shocks?," FAU Discussion Papers in Economics 14/2014, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    9. Mark Bils & Yongsung Chang & Sun-Bin Kim, 2009. "Comparative Advantage and Unemployment," RCER Working Papers 547, University of Rochester - Center for Economic Research (RCER).
    10. Hiroaki Miyamoto & Yuya Takahashi, 2009. "Technological Progress, On-the-Job Search, and Unemployment," ISER Discussion Paper 0734, Institute of Social and Economic Research, The University of Osaka.
    11. Freund, L. B. & Lee, H. & Rendahl, P., 2022. "The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation," Janeway Institute Working Papers 2223, Faculty of Economics, University of Cambridge.
    12. Shao, Enchuan & Silos, Pedro, 2013. "Entry costs and labor market dynamics," European Economic Review, Elsevier, vol. 63(C), pages 243-255.
    13. David L. Fuller & Bryan Engelhardt, 2010. "Labor Force Participation and Pair-wise Efficient Contracts with Search and Bargaining," Working Papers 12005, Concordia University, Department of Economics, revised 20 Jan 2012.
    14. Lkhagvasuren, Damba, 2012. "Big locational unemployment differences despite high labor mobility," Journal of Monetary Economics, Elsevier, vol. 59(8), pages 798-814.
    15. Philip Jung & Keith Kuester, 2008. "The (un)importance of unemployment fluctuations for welfare," Working Papers 08-31, Federal Reserve Bank of Philadelphia.
    16. Monacelli, Tommaso & Quadrini, Vincenzo & Trigari, Antonella, 2023. "Financial markets and unemployment," Journal of Financial Economics, Elsevier, vol. 147(3), pages 596-626.
    17. Joao Galindo da Fonseca, 2022. "Unemployment, Entrepreneurship and Firm Outcomes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 45, pages 322-338, July.
    18. Adamopoulou, Effrosyni & Villanueva, Ernesto, 2020. "Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence from the Metalworking Industry," IZA Discussion Papers 13542, Institute of Labor Economics (IZA).
    19. Lin, Tsu-ting Tim, 2015. "Working capital requirement and the unemployment volatility puzzle," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 201-217.
    20. John Kennan, 2010. "Private Information, Wage Bargaining and Employment Fluctuations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(2), pages 633-664.
    21. Josué Diwambuena & Raquel Fonseca & Stefan Schubert, 2021. "Italian Labour Frictions and Wage Rigidities in an Estimated DSGE," CIRANO Working Papers 2021s-33, CIRANO.
    22. Gnocchi, Stefano & Lagerborg, Andresa & Pappa, Evi, 2015. "Do labor market institutions matter for business cycles?," Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 299-317.
    23. Ek, Susanne & Holmlund, Bertil, 2011. "Part-Time Unemployment and Optimal Unemployment Insurance," Working Paper Series, Center for Labor Studies 2011:2, Uppsala University, Department of Economics.
    24. Philip Jung & Keith Kuester, 2011. "Optimal labor-market policy in recessions," Working Papers 11-48, Federal Reserve Bank of Philadelphia.
    25. van Roye, Björn & Wesselbaum, Dennis, 2009. "Capital, endogenous separations, and the business cycle," Kiel Working Papers 1561, Kiel Institute for the World Economy (IfW Kiel).
    26. Blanchard, Olivier & Galí, Jordi, 2008. "Labour Markets and Monetary Policy: A New Keynesian Model with Unemployment," CEPR Discussion Papers 6765, C.E.P.R. Discussion Papers.
    27. Carlo Pizzinelli & Konstantinos Theodoridis & Francesco Zanetti, 2020. "State Dependence In Labor Market Fluctuations," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(3), pages 1027-1072, August.
    28. Youngsoo Jang & Takeki Sunakawa & Minchul Yum, 2023. "Tax‐and‐transfer progressivity and business cycles," Quantitative Economics, Econometric Society, vol. 14(4), pages 1367-1400, November.
    29. Morten O. Ravn & Saverio Simonelli, 2007. "Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States," CSEF Working Papers 182, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    30. Julien Albertini & Xavier Fairise & Anthony Terriau, 2020. "Unemployment insurance, Recalls and Experience Rating," Working Papers 2014, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    31. Chassamboulli, Andri, 2013. "Labor-market volatility in a matching model with worker heterogeneity and endogenous separations," Labour Economics, Elsevier, vol. 24(C), pages 217-229.
    32. Jeremy Lise & Costas Meghir & Jean-Marc Robin, 2013. "Matching, Sorting and Wages," Working Papers hal-01070442, HAL.
    33. Christian Moser & Farzad Saidi & Benjamin Wirth & Stefanie Wolter, 2024. "Credit Supply, Firms, and Earnings Inequality," CRC TR 224 Discussion Paper Series crctr224_2024_558, University of Bonn and University of Mannheim, Germany.
    34. Peter Diamond, 2011. "Unemployment, Vacancies, Wages," American Economic Review, American Economic Association, vol. 101(4), pages 1045-1072, June.
    35. Tomoyuki NAKAJIMA, 2009. "Optimal Monetary Policy with Imperfect Unemployment Insurance," Discussion papers 09014, Research Institute of Economy, Trade and Industry (RIETI).
    36. Mumtaz, Haroon & Zanetti, Francesco, 2012. "Factor adjustment costs: a structural investigation," Bank of England working papers 467, Bank of England.
    37. Di Pace, F. & Faccini, R., 2012. "Deep habits and the cyclical behaviour of equilibrium unemployment and vacancies," Journal of Economic Dynamics and Control, Elsevier, vol. 36(2), pages 183-200.
    38. Sala, Luca & Söderström, Ulf & Trigari, Antonella, 2008. "Monetary Policy Under Uncertainty in an Estimated Model with Labour Market Frictions," CEPR Discussion Papers 6826, C.E.P.R. Discussion Papers.
    39. Ebell, Monique, 2011. "On the cyclicality of unemployment: Resurrecting the participation margin," Labour Economics, Elsevier, vol. 18(6), pages 822-836.
    40. Kyle Herkenhoff, 2014. "The Impact of Consumer Credit Access on Unemployment," 2014 Meeting Papers 448, Society for Economic Dynamics.
    41. Manning, Alan, 2011. "Imperfect Competition in the Labor Market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 11, pages 973-1041, Elsevier.
    42. Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2009. "An Incentive Theory of Matching," IZA Discussion Papers 4145, Institute of Labor Economics (IZA).
    43. Bauer, Anja & Lochner, Benjamin, 2017. "History dependence in wages and cyclical selection: Evidence from Germany," FAU Discussion Papers in Economics 23/2017, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    44. Alexandre Janiak, 2010. "Structural unemployment and the regulation of product market," Documentos de Trabajo 274, Centro de Economía Aplicada, Universidad de Chile.
    45. Andres Erosa & Luisa Fuster & Diego Restuccia, 2005. "A general equilibrium analysis of parental leave policies," Working Paper 05-08, Federal Reserve Bank of Richmond.
    46. Zanetti, Francesco, 2009. "Effects of product and labor market regulation on macroeconomic outcomes," Journal of Macroeconomics, Elsevier, vol. 31(2), pages 320-332, June.
    47. Gartner, Hermann & Merkl, Christian & Rothe, Thomas, 2012. "Sclerosis and large volatilities: Two sides of the same coin," Economics Letters, Elsevier, vol. 117(1), pages 106-109.
    48. Merkl, Christian & Kohlbrecher, Britta, 2016. "Business Cycle Asymmetries and the Labor Market," VfS Annual Conference 2016 (Augsburg): Demographic Change 145704, Verein für Socialpolitik / German Economic Association.
    49. Kuehn, Lars-Alexander & Petrosky-Nadeau, Nicolas & Zhang, Lu, 2011. "An Equilibrium Asset Pricing Model with Labor Market Search," Working Paper Series 2012-01, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    50. Krause, Michael U. & Lopez-Salido, David & Lubik, Thomas A., 2008. "Inflation dynamics with search frictions: A structural econometric analysis," Journal of Monetary Economics, Elsevier, vol. 55(5), pages 892-916, July.
    51. Stefano Eusepi & Bruce Preston, 2009. "Consumption heterogeneity, employment dynamics, and macroeconomic co-movement," Staff Reports 399, Federal Reserve Bank of New York.
    52. Kudoh, Noritaka & Miyamoto, Hiroaki & Sasaki, Masaru, 2015. "Employment and Hours over the Business Cycle in a Model with Search Frictions," IZA Discussion Papers 8946, Institute of Labor Economics (IZA).
    53. Kandoussi, Malak & Langot, François, 2020. "Uncertainty Shocks and Unemployment Dynamics," IZA Discussion Papers 13438, Institute of Labor Economics (IZA).
    54. Zuchuat, Jeremy & Lalive, Rafael & Osikominu, Aderonke & Pesaresi, Lorenzo & Zweimüller, Josef, 2023. "Duration Dependence in Finding a Job: Applications, Interviews, and Job Offers," CEPR Discussion Papers 18600, C.E.P.R. Discussion Papers.
    55. Normann Rion, 2020. "Fluctuations in a Dual Labor Market," Working Papers halshs-02570540, HAL.
    56. Jeremy Lise & Jean-Marc Robin, 2017. "The Macrodynamics of Sorting between Workers and Firms," Post-Print hal-03391971, HAL.
    57. Felix Koenig & Alan Manning & Barbara Petrongolo, 2016. "Reservation wages and the wage flexibility puzzle," CEP Discussion Papers dp1406, Centre for Economic Performance, LSE.
    58. Shigeru Fujita, 2018. "Declining Labor Turnover and Turbulence," Working Papers 18-6, Federal Reserve Bank of Philadelphia.
    59. William Hawkins & Daron Acemoglu, 2007. "Equilibrium Unemployment in a Generalized Search Model," 2007 Meeting Papers 384, Society for Economic Dynamics.
    60. Alejandro Justiniano & Claudio Michelacci, 2011. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the US and Europe," NBER Working Papers 17429, National Bureau of Economic Research, Inc.
    61. Di Pace, Federico & Hertweck, Matthias S., 2012. "Labour Market Frictions, Monetary Policy, and Durable Goods," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62052, Verein für Socialpolitik / German Economic Association.
    62. Chun-Hung Kuo & Hiroaki Miyamoto, 2016. "Unemployment and Wage Rigidity in Japan: A DSGE Model Perspective," Working Papers EMS_2016_06, Research Institute, International University of Japan.
    63. Rafael Dix-Carneiro & João Paulo Pessoa & Ricardo Reyes-Heroles & Sharon Traiberman, 2021. "Globalization, Trade Imbalances, and Labor Market Adjustment," Upjohn Working Papers 21-345, W.E. Upjohn Institute for Employment Research.
    64. Ryan Chahrour & Sanjay K. Chugh & Tristan Potter, 2023. "Anticipated productivity and the labor market," Quantitative Economics, Econometric Society, vol. 14(3), pages 897-934, July.
    65. Bosch, Mariano & Maloney, William, 2006. "Gross worker flows in the presence of informal labor markets : the Mexican experience 1987-2002," Policy Research Working Paper Series 3883, The World Bank.
    66. Herz, Benedikt & van Rens, Thijs, 2019. "Accounting for Mismatch Unemployment," The Warwick Economics Research Paper Series (TWERPS) 1205, University of Warwick, Department of Economics.
    67. Abbritti, Mirko & Consolo, Agostino, 2022. "Labour market skills, endogenous productivity and business cycles," Working Paper Series 2651, European Central Bank.
    68. Diaz, Antonia & Dolado, Juan J. & Jáñez, Álvaro & Wellschmied, Felix, 2025. "Labor reallocation effects of furlough schemes: Evidence from two recessions in Spain," European Economic Review, Elsevier, vol. 171(C).
    69. Pieter A. Gautier & Coen N. Teulings, 2011. "Sorting and the Output Loss due to Search Frictions," Tinbergen Institute Discussion Papers 11-010/3, Tinbergen Institute, revised 26 Jan 2012.
    70. Edouard Challe & Xavier Ragot, 2016. "Precautionary Saving Over the Business Cycle," Economic Journal, Royal Economic Society, vol. 126(590), pages 135-164, February.
    71. Petrosky-Nadeau, Nicolas & Zhang, Lu, 2013. "Unemployment Crises," Working Paper Series 2014-11, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
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    74. Antoine Lepetit, 2020. "Asymmetric Unemployment Fluctuations and Monetary Policy Trade-Offs," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 36, pages 29-45, April.
    75. Yashiv, Eran, 2011. "The Joint Behavior of Hiring and Investment," CEPR Discussion Papers 8237, C.E.P.R. Discussion Papers.
    76. Miquel Faig, 2008. "Labor Market Cycles and Unemployment Insurance Eligibility," 2008 Meeting Papers 183, Society for Economic Dynamics.
    77. Hiroshi Teruyama & Hiroyuki Toda, 2017. "Polarization and Persistence in the Japanese Labor Market," KIER Working Papers 957, Kyoto University, Institute of Economic Research.
    78. Chia-hui Lu, 2020. "Labor participation externalities and unemployment," Economics Bulletin, AccessEcon, vol. 40(2), pages 1002-1010.
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    80. Zheng Liu & Jianjun Miao & Tao Zha, 2013. "Land prices and unemployment," FRB Atlanta Working Paper 2013-06, Federal Reserve Bank of Atlanta.
    81. Sekyu Choi, 2013. "On Households and Unemployment," 2013 Meeting Papers 992, Society for Economic Dynamics.
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    709. Finkelstein Shapiro, Alan & González Gómez, Andrés, 2017. "Credit market imperfections, labor markets, and leverage dynamics in emerging economies," Journal of International Money and Finance, Elsevier, vol. 78(C), pages 44-63.
    710. Sargent, Thomas & Ljungqvist, Lars, 2015. "The Fundamental Surplus in Matching Models," CEPR Discussion Papers 10489, C.E.P.R. Discussion Papers.
    711. Kathrin Ellieroth & Amanda M. Michaud, 2024. "Quits, Layoffs, and Labor Supply," Opportunity and Inclusive Growth Institute Working Papers 094, Federal Reserve Bank of Minneapolis.
    712. Consolo, Agostino & Hertweck, Matthias S., 2010. "Shocks and frictions under right-to-manage wage bargaining: a transatlantic perspective," Working papers 2010/01, Faculty of Business and Economics - University of Basel.
    713. Di Pace, Federico & Villa, Stefania, 2016. "Factor complementarity and labour market dynamics," European Economic Review, Elsevier, vol. 82(C), pages 70-112.
    714. Munkacsi, Zsuzsa, 2015. "Fiscal austerity, unemployment and family firms," Discussion Papers 06/2015, Deutsche Bundesbank.
    715. Tang, Jenn-Hong, 2010. "Optimal monetary policy in a new Keynesian model with job search," Journal of Economic Dynamics and Control, Elsevier, vol. 34(3), pages 330-353, March.
    716. Michael Reiter, 2006. "Embodied technical change and the fluctuations of wages and unemployment," Economics Working Papers 980, Department of Economics and Business, Universitat Pompeu Fabra.
    717. Tsasa, Jean-Paul K., 2022. "Labor market volatility in a fully specified RBC search model: An analytical investigation," Journal of Mathematical Economics, Elsevier, vol. 103(C).
    718. Masters, Adrian, 2014. "Statistical discrimination from composition effects in the market for low-skilled workers," Labour Economics, Elsevier, vol. 26(C), pages 72-80.
    719. Mayer, Eric & Moyen, Stéphane & Stähler, Nikolai, 2010. "Government expenditures and unemployment: A DSGE perspective," Discussion Paper Series 1: Economic Studies 2010,18, Deutsche Bundesbank.
    720. Marco Fongoni, 2018. "Workers' reciprocity and the (ir)relevance of wage cyclicality for the volatility of job creation," Working Papers 1809, University of Strathclyde Business School, Department of Economics.
    721. Sveen, Tommy & Weinke, Lutz, 2008. "New Keynesian perspectives on labor market dynamics," Journal of Monetary Economics, Elsevier, vol. 55(5), pages 921-930, July.
    722. Almosova, Anna, 2016. "Labor market frictions and monetary policy design," SFB 649 Discussion Papers 2016-054, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.

  19. Marcus Hagedorn, 2007. "Optimal Ramsey Tax Cycles," IEW - Working Papers 354, Institute for Empirical Research in Economics - University of Zurich.

    Cited by:

    1. Hassler, John & Krusell, Per & Storesletten, Kjetil & Zilibotti, Fabrizio, 2008. "On the optimal timing of capital taxes," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 692-709, May.

  20. Marcus Hagedorn, 2006. "Liquidity, Inflation, and Monetary Policy," 2006 Meeting Papers 677, Society for Economic Dynamics.

    Cited by:

    1. Hagedorn, Marcus, 2008. "Nominal and real interest rates during an optimal disinflation in New Keynesian models," Working Paper Series 878, European Central Bank.

  21. Martin Barbie & Marcus Hagedorn, 2004. "On the Feasibility of Debt Ponzi Schemes - A Bond Portfolio Approach," Econometric Society 2004 North American Winter Meetings 541, Econometric Society.

    Cited by:

    1. Bovenberg, Lans & Uhlig, Harald, 2006. "Pension Systems and the Allocation of Macroeconomic Risk," CEPR Discussion Papers 5949, C.E.P.R. Discussion Papers.
    2. Qin, Duo & Cagas, Marie Anne & Ducanes, Geoffrey & Magtibay-Ramos, Nedelyn & Quising, Pilipinas, 2005. "Empirical Assessment of Sustainability and Feasibility of Government Debt: The Philippines Case," ADB Economics Working Paper Series 64, Asian Development Bank.
    3. Bovenberg, A.L. & Uhlig, H.F.H.V.S., 2006. "Pension Systems and the Allocation of Macroeconomic Risk," Other publications TiSEM 96f86a91-524a-4fb8-b455-6, Tilburg University, School of Economics and Management.
    4. Carl Christian von Weizsäcker, 2014. "Public Debt and Price Stability," German Economic Review, Verein für Socialpolitik, vol. 15(1), pages 42-61, February.

  22. Hagedorn, Marcus & Kaul, Ashok & Mennel, Tim, 2002. "An Adverse Selection Model of Optimal Unemployment Insurance," IZA Discussion Papers 681, Institute of Labor Economics (IZA).

    Cited by:

    1. Marcus Hagedorn & Ashok Kaul & Tim Mennel, "undated". "An Adverse Selection Model of Optimal Unemployment Insurance," IEW - Working Papers 237, Institute for Empirical Research in Economics - University of Zurich.
    2. Fuller, David L., 2014. "Adverse selection and moral hazard: Quantitative implications for unemployment insurance," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 108-122.
    3. Fehr, Ernst & ,, 2005. "The Neuroconomics of Mind Reading and Empathy," CEPR Discussion Papers 5128, C.E.P.R. Discussion Papers.
    4. Jean-Olivier Hairault & François Langot & Sébastien Ménard & Thepthida Sopraseuth, 2012. "Optimal Unemployment Insurance for Older Workers," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00668989, HAL.
    5. Andreas Pollak, 2004. "Optimal Unemployment Insurance with Variable Skill Levels," Labor and Demography 0409004, University Library of Munich, Germany.
    6. O'Flaherty, Brendan, 2009. "When should homeless families get subsidized apartments? A theoretical inquiry," Journal of Housing Economics, Elsevier, vol. 18(2), pages 69-80, June.
    7. Tobias Laun, 2012. "Optimal Social Insurance with Endogenous Health," 2012 Meeting Papers 438, Society for Economic Dynamics.
    8. Fehr, Ernst & Falk, Armin & Zehnder, Christian, 2005. "The Behavioural Effects of Minimum Wages," CEPR Discussion Papers 5115, C.E.P.R. Discussion Papers.
    9. Taskin, Temel, 2011. "Unemployment insurance and home production," MPRA Paper 34878, University Library of Munich, Germany.
    10. Fehr, Ernst & Fischbacher, Urs & Kosfeld, Michael, 2005. "Neuroeconomic Foundation of Trust and Social Preferences," CEPR Discussion Papers 5127, C.E.P.R. Discussion Papers.
    11. Arpad Abraham & Nicola Pavoni, 2008. "Efficient Allocations with Moral Hazard and Hidden Borrowing and Lending: A Recursive Formulation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 781-803, October.
    12. Anne Bucher & Sébastien Ménard, 2010. "Employment Protection Legislation and Adverse Selection at the Labor Market Entry," Working Papers halshs-00812099, HAL.
    13. Williamson, Stephen D. & Wang, Cheng, 1999. "Moral Hazard, Optimal Unemployment Insurance, and Experience Rating," Working Papers 99-03, University of Iowa, Department of Economics.
    14. Sergio Cappellini, 2022. "Optimal Unemployment Insurance with Worker Profiling," "Marco Fanno" Working Papers 0294, Dipartimento di Scienze Economiche "Marco Fanno".
    15. Anne Bucher & Sébastien Ménard, 2015. "The effects of firing costs on the wage contracts under adverse selection," Working Papers of BETA 2015-17, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

  23. Barbie, Martin & Hagedorn, Marcus & Kaul, Ashok, 2002. "Fostering Within-Family Human Capital Investment: An Intragenerational Insurance Perspective of Social Security," IZA Discussion Papers 678, Institute of Labor Economics (IZA).

    Cited by:

    1. Fehr, Ernst & ,, 2005. "The Neuroconomics of Mind Reading and Empathy," CEPR Discussion Papers 5128, C.E.P.R. Discussion Papers.
    2. Meier, Volker & Wrede, Matthias, 2010. "Pensions, fertility, and education," Journal of Pension Economics and Finance, Cambridge University Press, vol. 9(1), pages 75-93, January.
    3. Fehr, Ernst & Falk, Armin & Zehnder, Christian, 2005. "The Behavioural Effects of Minimum Wages," CEPR Discussion Papers 5115, C.E.P.R. Discussion Papers.
    4. Fehr, Ernst & Fischbacher, Urs & Kosfeld, Michael, 2005. "Neuroeconomic Foundation of Trust and Social Preferences," CEPR Discussion Papers 5127, C.E.P.R. Discussion Papers.

  24. Barbie, Martin & Hagedorn, Marcus & Kaul, Ashok, 2001. "Government Debt as Insurance against Macroeconomic Risk," IZA Discussion Papers 412, Institute of Labor Economics (IZA).

    Cited by:

    1. Knolle, Julia, 2020. "Prosperity in a Low Interest Environment," MPRA Paper 104332, University Library of Munich, Germany.
    2. Kevin Luo & Tomoko Kinugasa & Kai Kajitani, 2018. "Dynamic efficiency in world economy," Discussion Papers 1801, Graduate School of Economics, Kobe University.
    3. Julia, Knolle, 2014. "An Empirical Comparison of Interest and Growth Rates," MPRA Paper 59520, University Library of Munich, Germany.
    4. Qin, Duo & Cagas, Marie Anne & Ducanes, Geoffrey & Magtibay-Ramos, Nedelyn & Quising, Pilipinas, 2005. "Empirical Assessment of Sustainability and Feasibility of Government Debt: The Philippines Case," ADB Economics Working Paper Series 64, Asian Development Bank.

  25. Barbie, Martin & Hagedorn, Marcus & Kaul, Ashok, 2000. "Dynamic Efficiency and Pareto Optimality in a Stochastic OLG Model with Production and Social Security," IZA Discussion Papers 209, Institute of Labor Economics (IZA).

    Cited by:

    1. Matsen, Egil & Thogersen, Oystein, 2004. "Designing social security - a portfolio choice approach," European Economic Review, Elsevier, vol. 48(4), pages 883-904, August.
    2. Lucas Bretschger & Karen Pittel, 2005. "Innovative Investments, Natural Resources and Intergenerational Fairness: Are Pension Funds Good for Sustainable Development?," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 141(III), pages 355-376, September.
    3. Martin Barbie & Marcus Hagedorn & Ashok Kaul, "undated". "Fostering Within-Family Human Capital Investment: An Intragenerational Insurance Perspective of Social Security," IEW - Working Papers 236, Institute for Empirical Research in Economics - University of Zurich.

Articles

  1. Hagedorn, Marcus & Luo, Jinfeng & Manovskii, Iourii & Mitman, Kurt, 2019. "Forward guidance," Journal of Monetary Economics, Elsevier, vol. 102(C), pages 1-23.
    See citations under working paper version above.
  2. Marcus Hagedorn & Tzuo Hann Law & Iourii Manovskii, 2017. "Identifying Equilibrium Models of Labor Market Sorting," Econometrica, Econometric Society, vol. 85, pages 29-65, January.
    See citations under working paper version above.
  3. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.

    Cited by:

    1. Yusuf Mercan & Benjamin Schoefer & Petr Sedláček, 2020. "A Congestion Theory of Unemployment Fluctuations," CESifo Working Paper Series 8731, CESifo.
    2. Konstantinos Angelopoulos & Spyridon Lazarakis & James Malley, 2017. "Wealth inequality and externalities from ex ante skill heterogeneity," Working Papers 2017_07, Business School - Economics, University of Glasgow.
    3. Konstantinos Angelopoulos & Wei Jiang & James Malley, 2017. "Targeted fiscal policy to increase employment and wages of unskilled workers," Studies in Economics 1704, School of Economics, University of Kent.
    4. Konstantinos Angelopoulos & Spyridon Lazarakis & Jim Malley, 2017. "Wealth Inequality and Externalities from Ex Ante Skill Heterogeneity," CESifo Working Paper Series 6572, CESifo.
    5. Konstantinos Angelopoulos & Spyridon Lazarakis & Jim Malley, 2019. "Savings externalities and wealth inequality," CESifo Working Paper Series 7619, CESifo.
    6. Dario Cords & Klaus Prettner, 2022. "Technological unemployment revisited: automation in a search and matching framework [The future of work: meeting the global challenges of demographic change and automation]," Oxford Economic Papers, Oxford University Press, vol. 74(1), pages 115-135.
    7. Masaya Yasuoka, 2021. "How should a government finance pension benefits?," Australian Economic Papers, Wiley Blackwell, vol. 60(1), pages 138-152, March.
    8. Lecca, Patrizio & Persyn, Damiaan & Sakkas, Stelios, 2023. "Capital-skill complementarity and regional inequality: A spatial general equilibrium analysis," Regional Science and Urban Economics, Elsevier, vol. 102(C).
    9. CRISTEA Loredana Andreea & ZETI Catalin, 2019. "Study On The Incidence Of Social Security Contributions On Employment And Unemployment, In The European Context," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 71(2), pages 24-42, September.
    10. Guido Menzio & Randall Wright, 2016. "Introduction to the Special Issue in Honor of Dale Mortensen," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 1-3, January.
    11. Noritaka Kudoh & Hiroaki Miyamoto, 2021. "Robots and Unemployment," Working Papers SDES-2021-5, Kochi University of Technology, School of Economics and Management, revised May 2021.

  4. Marcus Hagedorn & Iourii Manovskii, 2013. "Job Selection and Wages over the Business Cycle," American Economic Review, American Economic Association, vol. 103(2), pages 771-803, April.

    Cited by:

    1. Gottfries, Axel & Teulings, Coen, 2017. "Returns to On-the-Job Search and the Dispersion of Wages," IZA Discussion Papers 10668, Institute of Labor Economics (IZA).
    2. Frimmel, Wolfgang & Horvath, Thomas & Schnalzenberger, Mario & Winter-Ebmer, Rudolf, 2015. "Seniority Wages and the Role of Firms in Retirement," IZA Discussion Papers 9192, Institute of Labor Economics (IZA).
    3. Arellano-Bover, Jaime, 2020. "Career Consequences of Firm Heterogeneity for Young Workers: First Job and Firm Size," IZA Discussion Papers 12969, Institute of Labor Economics (IZA).
    4. Bauer, Anja & Lochner, Benjamin, 2017. "History dependence in wages and cyclical selection: Evidence from Germany," FAU Discussion Papers in Economics 23/2017, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
    5. Shengjun Jiang, 2024. "Reasons for college major-job mismatch and subsequent job mobility and earnings growth," Empirical Economics, Springer, vol. 67(3), pages 1275-1301, September.
    6. Cynthia L. Doniger, 2021. "The Ways the Cookie Crumbles: Education and the Margins of Cyclical Adjustment in the Labor Market," Finance and Economics Discussion Series 2021-019, Board of Governors of the Federal Reserve System (U.S.).
    7. Andy Snell & Jonathan Thomas & Zhewei Wang, 2014. "A Competitive Model of Worker Replacement and Wage Rigidity," CESifo Working Paper Series 4610, CESifo.
    8. Bart Cockx & Corinna Ghirelli, 2015. "Scars of Recessions in a Rigid Labor Market," LIDAM Discussion Papers IRES 2015005, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    9. Joao Alfredo Galindo da Fonseca & Giovanni Gallipoli & Yaniv Yedid-Levi, 2016. "Revisiting the Relationship Between Unemployment and Wages," Working Papers 2016-001, Human Capital and Economic Opportunity Working Group.
    10. Gu, Grace Weishi & Prasad, Eswar, 2018. "New Evidence on Cyclical Variation in Labor Costs in the U.S," IZA Discussion Papers 11311, Institute of Labor Economics (IZA).
    11. Ufuk Akcigit & Yusuf Emre Akgunduz & Seyit Mumin Cilasun & Elif Ozcan Tok & Fatih Yilmaz, 2019. "Facts on Business Dynamism in Turkey," Working Papers 1930, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    12. Jean-Baptiste Michau, 2013. "On the Provision of Insurance Against Search-Induced Wage Fluctuations," Working Papers hal-00850547, HAL.
    13. Carrillo-Tudela, Carlos & Hobijn, Bart & She, Powen & Visschers, Ludo, 2016. "The extent and cyclicality of career changes: Evidence for the U.K," European Economic Review, Elsevier, vol. 84(C), pages 18-41.
    14. Vejlin, Rune Majlund & Veramendi, Gregory, 2019. "Sufficient Statistics for Frictional Wage Dispersion and Growth," IZA Discussion Papers 12387, Institute of Labor Economics (IZA).
    15. Galindo da Fonseca, João Alfredo & Gallipoli, Giovanni & Yedid-Levi, Yaniv, 2020. "Match quality and contractual sorting," Labour Economics, Elsevier, vol. 66(C).
    16. Joao Alfredo Galindo da Fonseca & Giovanni Gallipoli & Yaniv Yedid-Levi, 2017. "Match Quality, Contractual Sorting and Wage Cyclicality," Working Papers 2017-076, Human Capital and Economic Opportunity Working Group.
    17. Bjorn Dapi, 2020. "Wage Cyclicality and Composition Bias in the Norwegian Economy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(4), pages 1403-1430, October.
    18. Jäger, Simon & Schoefer, Benjamin & Zweimüller, Josef, 2019. "Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations," IZA Discussion Papers 12127, Institute of Labor Economics (IZA).
    19. Mask, Joshua, 2023. "Salary history bans and healing scars from past recessions," Labour Economics, Elsevier, vol. 84(C).
    20. Moscarini, Giuseppe & Postel-Vinay, Fabien, 2018. "On the Job Search and Business Cycles," IZA Discussion Papers 11853, Institute of Labor Economics (IZA).
    21. Christopher L. Foote & Richard W. Ryan, 2014. "Labor market polarization over the business cycle," Working Papers 14-16, Federal Reserve Bank of Boston.
    22. Kudlyak, Marianna, 2014. "The cyclicality of the user cost of labor," Journal of Monetary Economics, Elsevier, vol. 68(C), pages 53-67.
    23. Shvartsman, Elena, 2018. "The State of the Economy at Graduation, Wages, and Catch-up Paths: Evidence from Switzerland," IZA Discussion Papers 11622, Institute of Labor Economics (IZA).
    24. Gottfries, A. & Teulings, T., 2017. "Wage Posting, Nominal Rigidity, and Cyclical Inefficiencies," Cambridge Working Papers in Economics 1736, Faculty of Economics, University of Cambridge.
    25. Stüber, Heiko & Snell, Andy, 2014. "Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Evidence from Germany," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100601, Verein für Socialpolitik / German Economic Association.
    26. Fraser Summerfield & Ioannis Theodossiou, 2017. "The Effects Of Macroeconomic Conditions At Graduation On Overeducation," Economic Inquiry, Western Economic Association International, vol. 55(3), pages 1370-1387, July.
    27. Snell, Andy & Stüber, Heiko & Thomas, Jonathan P., 2018. "Downward Real Wage Rigidity and Equal Treatment Wage Contracts: Theory and Evidence," IZA Discussion Papers 11504, Institute of Labor Economics (IZA).
    28. Peter Cappelli & Monika Hamori, 2013. "Who Says Yes When the Headhunter Calls? Understanding Executive Job Search Behavior," NBER Working Papers 19295, National Bureau of Economic Research, Inc.
    29. Matthew Knowles & Mario Lupoli, 2023. "The Nash Wage Elasticity and its Business Cycle Implications," ECONtribute Discussion Papers Series 240, University of Bonn and University of Cologne, Germany.
    30. Robert W. Rich & Joseph Tracy, 2022. "Heterogeneity and the Effects of Aggregation on Wage Growth," Working Papers 22-22, Federal Reserve Bank of Cleveland.
    31. Liu, Kai & Salvanes, Kjell G. & Sørensen, Erik Ø., 2016. "Good skills in bad times: Cyclical skill mismatch and the long-term effects of graduating in a recession," European Economic Review, Elsevier, vol. 84(C), pages 3-17.
    32. Legge, Stefan & Schmid, Lukas, 2013. "Rankings, Random Successes, and Individual Performance," Economics Working Paper Series 1340, University of St. Gallen, School of Economics and Political Science.
    33. Benjamin Schoefer, 2018. "Marginal Jobs and Job Surplus: Evidence from Separations and Unemployment Insurance," 2018 Meeting Papers 1309, Society for Economic Dynamics.
    34. Cynthia Doniger, 2018. "Falling Labor Share and Rising Inequality: The Role of Wage Contracts," 2018 Meeting Papers 526, Society for Economic Dynamics.
    35. Michau, Jean-Baptiste, 2015. "Optimal labor market policy with search frictions and risk-averse workers," Labour Economics, Elsevier, vol. 35(C), pages 93-107.
    36. Schulz, Bastian & Lochner, Benjamin, 2016. "Labor Market Sorting in Germany," VfS Annual Conference 2016 (Augsburg): Demographic Change 145902, Verein für Socialpolitik / German Economic Association.
    37. Axel Gottfries & Coen Teulings, 2016. "Returns to On-the-Job Search and the Dispersion of Wages," Tinbergen Institute Discussion Papers 16-080/VI, Tinbergen Institute.
    38. Teulings, Coen & Gottfries, Axel, 2017. "Returns to on-the-job search and the dispersion of wages," CEPR Discussion Papers 11921, C.E.P.R. Discussion Papers.
    39. Joyce Hahn & Henry Hyatt & Hubert Janicki, 2018. "Job Ladders and Growth in Earnings, Hours, and Wages," 2018 Meeting Papers 908, Society for Economic Dynamics.
    40. Corinna.Ghirelli, 2014. "The scarring effect of early non-employment," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 14/895, Ghent University, Faculty of Economics and Business Administration.
    41. Rujiwattanapong, W. Similan, 2018. "Unemployment insurance and labour productivity over the business cycle," LSE Research Online Documents on Economics 90872, London School of Economics and Political Science, LSE Library.
    42. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.
    43. Mary C. Daly & Bart Hobijn & Theodore S. Wiles, 2011. "Aggregate real wages: macro fluctuations and micro drivers," Working Paper Series 2011-23, Federal Reserve Bank of San Francisco.
    44. Axel Gottfries & Coen N. Teulings, 2017. "Returns to On-The-Job Search and the Dispersion of Wages," CESifo Working Paper Series 6410, CESifo.
    45. Grace Weishi Gu & Eswar Prasad & Thomas Moehrle, 2020. "New Evidence on Cyclical Variation in Average Labor Costs in the United States," The Review of Economics and Statistics, MIT Press, vol. 102(5), pages 966-979, December.
    46. Kodama, Naomi & Inui, Tomohiko & Kwon, Hyeogug, 2014. "A Decomposition of the Decline in Japanese Nominal Wages in the 1990s and 2000s," CIS Discussion paper series 631, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    47. Ufuk Akcigit & Sina T. Ates, 2019. "Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory," CESifo Working Paper Series 7849, CESifo.
    48. Ueno, Yuko, 2014. "Size-specific Effects in Job Reallocation and Worker Mobility: Japan’s Experience from the 1990s," CIS Discussion paper series 624, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    49. Teulings, Coen & Gottfries, Axel, 2017. "Wage posting, nominal rigidity, and cyclical inefficiencies," CEPR Discussion Papers 12316, C.E.P.R. Discussion Papers.
    50. Stephanie R. Aaronson & Mary C. Daly & William L. Wascher & David W. Wilcox, 2019. "Okun Revisited: Who Benefits Most from a Strong Economy?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 333-404.
    51. Bellou, Andriana & Kaymak, Baris, 2011. "Real wage growth over the business cycle:contractual versus spot markets," MPRA Paper 30401, University Library of Munich, Germany.
    52. Gottfries, Axel & Teulings, Coen, 2016. "Returns to on-the-job search and the dispersion of wages," LSE Research Online Documents on Economics 86219, London School of Economics and Political Science, LSE Library.
    53. Mary C. Daly & Bart Hobijn, 2022. "The Importance of the Part‐Time and Participation Margins for Real Wage Adjustment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(S1), pages 89-111, February.
    54. Guo, Angela & Krolikowski, Pawel & Yang, Meifeng, 2023. "Displaced workers and the pandemic recession," Economics Letters, Elsevier, vol. 226(C).
    55. Lydon, Reamonn & Lozej, Matija, 2016. "Flexibility of new hires' earnings in Ireland," Research Technical Papers 06/RT/16, Central Bank of Ireland.
    56. Cynthia Doniger, 2019. "Do Greasy Wheels Curb Inequality?," 2019 Meeting Papers 1163, Society for Economic Dynamics.
    57. Haefke, Christian & Reiter, Michael, 2012. "What Do Participation Fluctuations Tell Us About Labor Supply Elasticities?," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62055, Verein für Socialpolitik / German Economic Association.
    58. Albagli, Elías & Contreras, Gabriela & Tapia, Matías & Wlasiuk, Juan M., 2022. "Earnings cyclicality of new and continuing jobs: The role of tenure and transition length," Labour Economics, Elsevier, vol. 78(C).
    59. Persyn, Damiaan, 2021. "Aggregation bias in wage rigidity estimation," MPRA Paper 106464, University Library of Munich, Germany.
    60. Basu, S. & House, C.L., 2016. "Allocative and Remitted Wages," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 297-354, Elsevier.
    61. Snell, Andy & Stüber, Heiko & Thomas, Jonathan P., 2024. "Job security, asymmetric information, and wage rigidity," European Economic Review, Elsevier, vol. 161(C).
    62. Steven J. Davis & John Haltiwanger, 2014. "Labor Market Fluidity and Economic Performance," NBER Working Papers 20479, National Bureau of Economic Research, Inc.
    63. Kerndler, Martin, 2017. "Wage flexibility of older workers and the role of institutions - evidence from the German LIAB data set," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168160, Verein für Socialpolitik / German Economic Association.
    64. Gottfries, A. & Teulings, T., 2017. "Returns to On-the-Job Search and the Dispersion of Wages," Cambridge Working Papers in Economics 1737, Faculty of Economics, University of Cambridge.
    65. Gottfries, Axel & Teulings, Coen, 2023. "Returns to on-the-job search and wage dispersion," Labour Economics, Elsevier, vol. 80(C).
    66. Malcomson, James & Mavroeidis, Sophocles, 2015. "Bargaining and Wage Rigidity in a Matching Model for the US," IZA Discussion Papers 8806, Institute of Labor Economics (IZA).
    67. Mary C. Daly & Bart Hobijn, 2016. "The intensive and extensive margins of real wage adjustment," Working Paper Series 2016-4, Federal Reserve Bank of San Francisco.
    68. Hazell, Jonathon & Taska, Bledi, 2023. "Downward Rigidity in the Wage for New Hires," IZA Discussion Papers 16512, Institute of Labor Economics (IZA).
    69. Corinna GHIRELLI, 2015. "Scars of early non-employment in a rigid labour market," LIDAM Discussion Papers IRES 2015008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

  5. Hagedorn, Marcus, 2011. "Optimal disinflation in new Keynesian models," Journal of Monetary Economics, Elsevier, vol. 58(3), pages 248-261.

    Cited by:

    1. Miesha Williams, 2024. "Is it better to tolerate moderate inflation than to bear the costs necessary to achieve price stability?," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 43(1), pages 329-334, January.
    2. Güneş Kamber & Chris McDonald & Nicholas Sander & Konstantinos Theodoridis, 2015. "A structural model for policy analysis and forecasting: NZSIM," Reserve Bank of New Zealand Discussion Paper Series DP2015/05, Reserve Bank of New Zealand.
    3. Cogley, Timothy & Matthes, Christian & Sbordone, Argia M., 2015. "Optimized Taylor rules for disinflation when agents are learning," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 131-147.
    4. Kamber, Gunes & McDonald, Chris & Sander, Nick & Theodoridis, Konstantinos, 2016. "Modelling the business cycle of a small open economy: The Reserve Bank of New Zealand's DSGE model," Economic Modelling, Elsevier, vol. 59(C), pages 546-569.

  6. Marcus Hagedorn & Iourii Manovskii, 2011. "Productivity And The Labor Market: Comovement Over The Business Cycle," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(3), pages 603-619, August.

    Cited by:

    1. Gali, Jordi & van Rens, Thijs, 2015. "The Vanishing Procyclicality of Labor Productivity," The Warwick Economics Research Paper Series (TWERPS) 1062, University of Warwick, Department of Economics.
    2. Michael Elsby & Ryan Michaels & David Ratner, 2020. "Vacancy Chains," Working Papers 20-28, Federal Reserve Bank of Philadelphia.
    3. Amaral, Pedro S. & Tasci, Murat, 2016. "The cyclical behavior of equilibrium unemployment and vacancies across OECD countries," European Economic Review, Elsevier, vol. 84(C), pages 184-201.
    4. J. Wang & John Fernald, 2016. "Why Has the Cyclicality of Productivity Changed? What Does It Mean?," 2016 Meeting Papers 1220, Society for Economic Dynamics.
    5. Mayer, Eric & Rüth, Sebastian & Scharler, Johann, 2016. "Total factor productivity and the propagation of shocks: Empirical evidence and implications for the business cycle," Journal of Macroeconomics, Elsevier, vol. 50(C), pages 335-346.
    6. Michael W. L. Elsby & Ryan Michaels & David Ratner, 2015. "The Beveridge Curve: A Survey," Journal of Economic Literature, American Economic Association, vol. 53(3), pages 571-630, September.
    7. Burda, Michael Christopher & Genadek, Katie & Hamermesh, Daniel, 2015. "Not Working at Work: Loafing, Unemployment and Labor Productivity," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112905, Verein für Socialpolitik / German Economic Association.
    8. Bjoern Bruegemann & Giuseppe Moscarini, 2010. "Rent Rigidity, Asymmetric Information, and Volatility Bounds in Labor," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(3), pages 575-596, July.
    9. Mitra, Aruni, 2024. "The productivity puzzle and the decline of unions," Journal of Economic Dynamics and Control, Elsevier, vol. 159(C).
    10. Oscar Pavlov & Mark Weder, 2021. "Endogenous Product Scope: Market Interlacing and Aggregate Business Cycle Dynamics," CAMA Working Papers 2021-03, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    11. Martin Gervais & Nir Jaimovich & Henry E. Siu & Yaniv Yedid-Levi, 2013. "Technological Learning and Labor Market Dynamics," NBER Working Papers 19767, National Bureau of Economic Research, Inc.
    12. Similan Rujiwattanapong, 2019. "Unemployment Dynamics and Unemployment Insurance Extensions under Rational Expectations," 2019 Meeting Papers 232, Society for Economic Dynamics.
    13. Étienne Lalé, 2018. "Labor-market Frictions, Incomplete Insurance and Severance Payments," CIRANO Working Papers 2018s-14, CIRANO.
    14. Andre Kurmann & Julien Champagne, 2010. "The Great Increase in Relative Volatility of Real Wages in the United States," 2010 Meeting Papers 674, Society for Economic Dynamics.
    15. Burda, Michael C. & Hamermesh, Daniel S. & Stewart, Jay, 2012. "Cyclical Variation in Labor Hours and Productivity Using the ATUS," IZA Discussion Papers 7070, Institute of Labor Economics (IZA).
    16. Domenico Ferraro & Giuseppe Fiori, 2022. "Search Frictions, Labor Supply, and the Asymmetric Business Cycle," International Finance Discussion Papers 1355, Board of Governors of the Federal Reserve System (U.S.).
    17. Loukas Karabarbounis, 2014. "The Labor Wedge: MRS vs. MPN," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(2), pages 206-223, April.
    18. Rujiwattanapong, W. Similan, 2018. "Unemployment insurance and labour productivity over the business cycle," LSE Research Online Documents on Economics 90872, London School of Economics and Political Science, LSE Library.
    19. Marcus Hagedorn & Iourii Manovskii & Sergiy Stetsenko, 2016. "Taxation and Unemployment in Models with Heterogeneous Workers," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19, pages 161-189, January.
    20. Rüth, Sebastian & Mayer, Eric & Scharler, Johann, 2014. "TFP and the Transmission of Shocks," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100549, Verein für Socialpolitik / German Economic Association.
    21. Burda, Michael & Hamermesh, Daniel S. & Genadek, Katie R., 2017. "Non-Work at Work, Unemployment and Labor Productivity," CEPR Discussion Papers 12087, C.E.P.R. Discussion Papers.
    22. Coles, Melvyn G & Kelishomi, Ali Moghaddasi, 2011. "New Business Start-ups and the Business Cycle," CEPR Discussion Papers 8588, C.E.P.R. Discussion Papers.
    23. Cook, David & Xu, Juanyi, 2015. "Eurosclerosis and international business cycles," Journal of International Economics, Elsevier, vol. 95(1), pages 54-67.
    24. Malcomson, James & Mavroeidis, Sophocles, 2015. "Bargaining and Wage Rigidity in a Matching Model for the US," IZA Discussion Papers 8806, Institute of Labor Economics (IZA).
    25. , & , B., 2014. "Search with multi-worker firms," Theoretical Economics, Econometric Society, vol. 9(3), September.

  7. Hagedorn, Marcus & Kaul, Ashok & Mennel, Tim, 2010. "An adverse selection model of optimal unemployment insurance," Journal of Economic Dynamics and Control, Elsevier, vol. 34(3), pages 490-502, March.
    See citations under working paper version above.
  8. Marcus Hagedorn, 2010. "Ramsey Tax Cycles," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(3), pages 1042-1071.

    Cited by:

    1. Angelopoulos, Konstantinos & Economides, George & Philippopoulos, Apostolis, 2010. "First-and second-best allocations under economic and environmental uncertainty," SIRE Discussion Papers 2010-99, Scottish Institute for Research in Economics (SIRE).
    2. Aleksandar Vasilev, 2013. "Fiscal policy in a Real-Business-Cycle model with labor-intensive government services and endogenous public sector wages and hours," Working Papers 2013_18, Business School - Economics, University of Glasgow.
    3. Konstantinos Angelopoulos & Wei Jiang & Jim Malley, 2011. "The Distributional Consequences of Tax Reforms under Market Distortions," CESifo Working Paper Series 3600, CESifo.
    4. Angelopoulos, Konstantinos & Jiang, Wei & Malley, James R., 2013. "Tax reforms under market distortions in product and labour markets," European Economic Review, Elsevier, vol. 61(C), pages 28-42.
    5. Vasilev, Aleksandar, 2013. "Essays on Real Business Cycle Modeling and the Public Sector," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 130522, November.

  9. Hagedorn, Marcus, 2009. "The value of information for auctioneers," Journal of Economic Theory, Elsevier, vol. 144(5), pages 2197-2208, September.

    Cited by:

    1. Bikhchandani, Sushil, 2010. "Information acquisition and full surplus extraction," Journal of Economic Theory, Elsevier, vol. 145(6), pages 2282-2308, November.
    2. Pickl, Matthias & Wirl, Franz, 2011. "Auction design for gas pipeline transportation capacity--The case of Nabucco and its open season," Energy Policy, Elsevier, vol. 39(4), pages 2143-2151, April.
    3. Maria Goltsman, 2011. "Optimal information transmission in a holdup problem," RAND Journal of Economics, RAND Corporation, vol. 42(3), pages 495-526, September.
    4. Hernando-Veciana, Ángel & Tröge, Michael, 2011. "The insider's curse," Games and Economic Behavior, Elsevier, vol. 71(2), pages 339-350, March.
    5. Szech, Nora, 2011. "Optimal disclosure of costly information packages in auctions," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 462-469.
    6. Sudipta Sarangi & Dan Kovenock & Matt Wiser, 2012. "All-Pay Hex: A Multibattle Contest With Complementarities," Departmental Working Papers 2012-06, Department of Economics, Louisiana State University.
    7. Lorentziadis, Panos L., 2012. "Optimal bidding in auctions of mixed populations of bidders," European Journal of Operational Research, Elsevier, vol. 217(3), pages 653-663.

  10. Marcus Hagedorn & Iourii Manovskii, 2008. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited," American Economic Review, American Economic Association, vol. 98(4), pages 1692-1706, September.
    See citations under working paper version above.
  11. Barbie, Martin & Hagedorn, Marcus & Kaul, Ashok, 2007. "On the interaction between risk sharing and capital accumulation in a stochastic OLG model with production," Journal of Economic Theory, Elsevier, vol. 137(1), pages 568-579, November.

    Cited by:

    1. Homburg, Stefan, 2014. "Overaccumulation, Public Debt, and the Importance of Land," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100431, Verein für Socialpolitik / German Economic Association.
    2. Miyazaki, Koichi, 2014. "Optimal pay-as-you-go social security when retirement is endogenous and labor productivity depreciates," MPRA Paper 61166, University Library of Munich, Germany.
    3. Ohtaki, Eisei, 2013. "Golden rule optimality in stochastic OLG economies," Mathematical Social Sciences, Elsevier, vol. 65(1), pages 60-66.
    4. Martin Barbie & Marten Hillebrand, 2018. "Bubbly Markov equilibria," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 66(3), pages 627-679, October.
    5. Gaetano Bloise & Pietro Reichlin, 2023. "Low safe interest rates: A case for dynamic inefficiency?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 633-656, December.
    6. Miyazaki, Koichi, 2019. "Optimal Pay-As-You-Go Social Security With Endogenous Retirement," Macroeconomic Dynamics, Cambridge University Press, vol. 23(2), pages 870-887, March.
    7. Eisei Ohtaki & Hiroyuki Ozaki, 2014. "Optimality in a Stochastic OLG Model with Ambiguity," Working Papers e069, Tokyo Center for Economic Research.
    8. Eisei Ohtaki, 2020. "Optimality in an OLG model with nonsmooth preferences," Working Papers e145, Tokyo Center for Economic Research.
    9. Chattopadhyay, Subir, 2018. "The unit root property and optimality with a continuum of states—Pure exchange," Journal of Mathematical Economics, Elsevier, vol. 78(C), pages 105-118.

  12. Martin Barbie & Marcus Hagedorn & Ashok Kaul, 2006. "Fostering Within-Family Human-Capital Investment: An Intragenerational Insurance Perspective of Social Security," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 62(4), pages 503-529, December.
    See citations under working paper version above.
  13. Hagedorn, M. & Smith, P.J. & Bones, P.J. & Millane, R.P. & Pairman, D., 2006. "A trivariate chi-squared distribution derived from the complex Wishart distribution," Journal of Multivariate Analysis, Elsevier, vol. 97(3), pages 655-674, March.

    Cited by:

    1. Withers, Christopher S. & Nadarajah, Saralees, 2012. "Moments and cumulants for the complex Wishart," Journal of Multivariate Analysis, Elsevier, vol. 112(C), pages 242-247.
    2. Dharmawansa, Prathapasinghe & McKay, Matthew R., 2009. "Diagonal distribution of a complex non-central Wishart matrix: A new trivariate non-central chi-squared density," Journal of Multivariate Analysis, Elsevier, vol. 100(4), pages 561-580, April.
    3. Abraão Nascimento & Jodavid Ferreira & Alisson Silva, 2023. "Divergence-based tests for the bivariate gamma distribution applied to polarimetric synthetic aperture radar," Statistical Papers, Springer, vol. 64(5), pages 1439-1463, October.

  14. Barbie Martin & Hagedorn Marcus & Kaul Ashok, 2004. "Assessing Aggregate Tests of Efficiency for Dynamic Economies," The B.E. Journal of Macroeconomics, De Gruyter, vol. 4(1), pages 1-17, December.

    Cited by:

    1. Kevin Luo & Tomoko Kinugasa & Kai Kajitani, 2018. "Dynamic efficiency in world economy," Discussion Papers 1801, Graduate School of Economics, Kobe University.
    2. Julia, Knolle, 2014. "An Empirical Comparison of Interest and Growth Rates," MPRA Paper 59520, University Library of Munich, Germany.
    3. Sebastian Rausch & Thomas Rutherford, 2010. "Computation of Equilibria in OLG Models with Many Heterogeneous Households," Computational Economics, Springer;Society for Computational Economics, vol. 36(2), pages 171-189, August.
    4. Chattopadhyay, Subir, 2008. "The Cass criterion, the net dividend criterion, and optimality," Journal of Economic Theory, Elsevier, vol. 139(1), pages 335-352, March.
    5. Kevin Luo & Tomoko Kinugasa & Kai Kajitani, 2020. "Dynamic Efficiency in World Economy," Prague Economic Papers, Prague University of Economics and Business, vol. 2020(5), pages 522-544.
    6. Philippe Weil, 2008. "Overlapping Generations: The First Jubilee," Journal of Economic Perspectives, American Economic Association, vol. 22(4), pages 115-134, Fall.
    7. Gaetano Bloise & Pietro Reichlin, 2008. "Asset prices, debt constraints and inefficiency," Departmental Working Papers of Economics - University 'Roma Tre' 0089, Department of Economics - University Roma Tre.
    8. Monisankar Bishnu & Shresth Garg & Tishara Garg & Tridip Ray, 2018. "Optimal Intergenerational Transfers: Public Education and Pensions," Discussion Papers 18-08, Indian Statistical Institute, Delhi.
    9. Torben M. Andersen & Joydeep Bhattacharya & Qing Liu, 2023. "Can optimal unfunded public pensions co-exist with voluntary private retirement savings?," Indian Economic Review, Springer, vol. 58(1), pages 237-251, July.
    10. Gaetano Bloise & Pietro Reichlin, 2023. "Low safe interest rates: A case for dynamic inefficiency?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 633-656, December.
    11. Andersen, Torben M. & Bhattacharya, Joydeep & Liu, Qing, 2021. "Reference-dependent preferences, time inconsistency, and pay-as-you-go pensions," ISU General Staff Papers 202107010700001813, Iowa State University, Department of Economics.
    12. Bhattacharya, Joydeep & Andersen, Torben M, 2012. "Unfunded Pensions and Endogenous Labor Supply," Staff General Research Papers Archive 34912, Iowa State University, Department of Economics.
    13. Boysen-Hogrefe, Jens & Fiedler, Salomon & Gern, Klaus-Jürgen & Groll, Dominik & Jannsen, Nils & Kooths, Stefan, 2021. "Vermögenspreise, Zinseffekte und die Robustheit der öffentlichen Finanzen in Deutschland - eine Szenario-Analyse," Kieler Beiträge zur Wirtschaftspolitik 36, Kiel Institute for the World Economy (IfW Kiel).
    14. Martin Barbie & Ashok Kaul, 2009. "The Zilcha criteria for dynamic inefficiency reconsidered," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(2), pages 339-348, August.
    15. Narayana R. Kocherlakota, 2024. "Difficulties in testing for capital overaccumulation," Quantitative Economics, Econometric Society, vol. 15(1), pages 89-114, January.
    16. Amol Amol & Monisankar Bishnu & Tridip Ray, 2023. "Pension, possible phaseout, and endogenous fertility in general equilibrium," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(2), pages 376-406, April.
    17. Andersen, Torben M. & Bhattacharya, Joydeep & Liu, Qing, 2020. "Reference-dependent preferences, time inconsistency, and unfunded pensions," ISU General Staff Papers 202004170700001102, Iowa State University, Department of Economics.
    18. Steve Ambler & Craig Alexander, 2015. "One Percent? For Real? Insights from Modern Growth Theory about Future Investment Returns," e-briefs 216, C.D. Howe Institute.
    19. Mauri Kotamäki, 2013. "The Pension Scheme Need Not Be Pay-As-You-Go: An Overlapping Generations Approach," Finnish Economic Papers, Finnish Economic Association, vol. 26(2), pages 56-71, Autumn.

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