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Cyclical behavior of a matching model with capital investment
https://iuj.repo.nii.ac.jp/records/432
https://iuj.repo.nii.ac.jp/records/43223bcaa0e-27db-4490-96c3-ab6e63003f25
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
EMS_2010_14 (330.0 kB)
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| Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2010-11-01 | |||||
| タイトル | ||||||
| タイトル | Cyclical behavior of a matching model with capital investment | |||||
| タイトル | ||||||
| タイトル | Cyclical behavior of a matching model with capital investment | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Labor market search | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Unemployment and vacancies volatility | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Business Cycle | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Capital investment | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Labor market search | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Unemployment and vacancies volatility | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Business Cycle | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Capital investment | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
| 資源タイプ | departmental bulletin paper | |||||
| 著者 |
宮本, 弘暁
× 宮本, 弘暁× Miyamoto, Hiroaki |
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| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | This paper studies the role of capital investment in a search and matching model. I develop an endogenous job separation matching model in which a firm's irreversible capital investment is endogenously determined. The incorporation of capital investment provides an additional channel for firms to respond to productivity shocks, significantly magnifying labor market fluctuations. The numerical results demonstrate that the incorporation of irreversible capital investment improves the ability of the standard search and matching model to generate cyclical fluctuations of unemployment and vacancies in response to productivity shocks. Moreover, my model can generate the pro-cyclicality of vacancies, which the standard endogenous separation models often fail to generate. | |||||
| 書誌情報 |
en : Economics & Management Series 発行日 2010-11-01 |
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