English, Article, Journal or magazine article edition: Embodied Technical Change And The Fluctuations Of Wages and Unemployment Michael Reiter

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Bookmark: http://trove.nla.gov.au/version/153400
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Embodied Technical Change And The Fluctuations Of Wages and Unemployment
Author
  • Michael Reiter
Physical Description
  • preprint
Notes
  • The paper shows that a matching model where technological change is partially embodied in the job match is successful in explaining the variability of unemployment and vacancies. If we incorporate long-term wage contracts into the model, it also explains a number of stylized facts on the dynamics of real wages, which have been found in the empirical labor literature.
  • Unemployment, wage dynamics, embodied technical change
  • RePEc:upf:upfgen:980
Language
  • English
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