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Title :A search and matching model with a public sector
Creator :Tarasidou, Ekaterini D.
Contributor :Athens University of Economics and Business, Department of Economics (Degree granting institution)
Type :Text
Language :en
Abstract :In this thesis I study a discrete time Dynamic Stochastic General Equilibriummodel with a labor market with search and matching frictions, that constitutesof a private and a public sector, in order to study the behavior of total unem-ployment before and after the recession of 2009 in ten core European countrymembers. The model is calibrated to mimic the aggregate data in a sampleperiod from 2000 to 2015. The directed search assumption can explain the welldocumented public wage premium as a result of a shock to the private sectorproductivity but cannot explain the fact that total unemployment is actuallymuch higher in the observed sample.
Subject :Dynamic Stochastic General Equilibrium model
Date :30-04-2017
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File: tarasidou_2017.pdf

Type: application/pdf