Cargando…
Search in the Labor Market Under Imperfectly Insurable Income Risk.
This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the importance of incomplete markets when risk-averse agents are subject to idiosyncratic employment shocks. A version of the model calibrated to the U.S. shows that market incompletene...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2009.
|
| Colección: | IMF Working Papers.
|
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000Mu 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn870245464 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr |n||||||||| | ||
| 008 | 140208s2009 dcu o 000 0 eng d | ||
| 040 | |a EBLCP |b eng |e pn |c EBLCP |d OCLCQ |d YDXCP |d OCLCQ |d ZCU |d MERUC |d ICG |d OCLCO |d OCLCF |d OCLCQ |d AU@ |d OCLCQ |d DKC |d OCLCO |d OCLCQ |d OCLCO |d OCLCQ |d OCLCO |d ESU |d OCLCL | ||
| 019 | |a 1058166950 |a 1417491879 | ||
| 020 | |a 9781452731902 | ||
| 020 | |a 145273190X | ||
| 020 | |a 1451873352 | ||
| 020 | |a 9781451873351 | ||
| 024 | 7 | |a 10.5089/9781451873351.001 |2 doi | |
| 029 | 1 | |a DEBBG |b BV044178616 | |
| 035 | |a (OCoLC)870245464 |z (OCoLC)1058166950 |z (OCoLC)1417491879 | ||
| 050 | 4 | |a HD5706 .R633 2009 | |
| 082 | 0 | 4 | |a 331.1 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Roca, Mauro. | |
| 245 | 1 | 0 | |a Search in the Labor Market Under Imperfectly Insurable Income Risk. |
| 260 | |a Washington : |b International Monetary Fund, |c 2009. | ||
| 300 | |a 1 online resource (72 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers ; |v v. Working Paper No. 09/188 | |
| 588 | 0 | |a Print version record. | |
| 520 | 3 | |a This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the importance of incomplete markets when risk-averse agents are subject to idiosyncratic employment shocks. A version of the model calibrated to the U.S. shows that market incompleteness affects individual behavior and aggregate conditions: it reduces wages and unemployment but increases vacancies. Additionally, the model explains the average level of unemployment insurance observed in the U.S. A key mechanism is the joint influence of imperfect insurance and risk aversion in the wage bargaining. The paper also proposes a novel solution to solve this heterogeneous-agent model. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Unemployment. | |
| 650 | 0 | |a Labor market. | |
| 650 | 0 | |a Unemployment insurance. | |
| 650 | 0 | |a Employment (Economic theory) | |
| 650 | 6 | |a Marché du travail. | |
| 650 | 6 | |a Assurance-chômage. | |
| 650 | 6 | |a Emploi. | |
| 650 | 7 | |a employing. |2 aat | |
| 650 | 7 | |a Labor market |2 fast | |
| 650 | 7 | |a Unemployment |2 fast | |
| 650 | 7 | |a Unemployment insurance |2 fast | |
| 758 | |i has work: |a Search in the labor market under imperfectly insurable income risk (Text) |1 https://id.oclc.org/worldcat/entity/E39PCH6pwQgpK4DKxMf6jX8JwC |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Roca, Mauro. |t Search in the Labor Market Under Imperfectly Insurable Income Risk. |d Washington : International Monetary Fund, ©2009 |z 9781451873351 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608809 |z Texto completo |
| 938 | |a ProQuest Ebook Central |b EBLB |n EBL1608809 | ||
| 938 | |a YBP Library Services |b YANK |n 11618171 | ||
| 994 | |a 92 |b IZTAP | ||