Logo
Munich Personal RePEc Archive

An adaptation of Pissarides (1990) by using random job destruction rate

Wang, Huiming (2009): An adaptation of Pissarides (1990) by using random job destruction rate.

[thumbnail of MPRA_paper_21103.pdf]
Preview
PDF
MPRA_paper_21103.pdf

Download (102kB) | Preview

Abstract

This paper works on an adaptation of the standard Pissarides model to incorporate-rate an exponentially distributed match specific�c job destruction rate. We discuss the characterization of equilibrium, equilibrium wage, number of equilibria, stead state unemployment, welfare and comparative statics problems in this adapted model.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.