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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/30250
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| Title: | | Reciprocity and matching frictions  |
| Authors: | | Wesselbaum, Dennis |
| Issue Date: | | 2010 |
| Series/Report no.: | | Kiel working paper 1616 |
| Abstract: | | We build a RBC endogenous separation matching model and introduce efficiency wages along the lines of Akerlof (1982). While the standard endogenous separation matching model reveals shortcomings in explaining correlations and volatilities jointly, this approach performs reasonably well along both dimensions. The proper introduction of real rigidities can consistently enhance the performance of the (endogenous separation) matching model. |
| Subjects: | | Efficiency Wages Endogenous Separations Search and Matching |
| JEL: | | E32 J41 J64 |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW
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