Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/30250
Authors: 
Wesselbaum, Dennis
Year of Publication: 
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
Document Type: 
Working Paper

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