Discuss the search and matching models. a) Shortly discuss the phenomenon of search frictions and the...

Discuss the search and matching models.

a) Shortly discuss the phenomenon of search frictions and the implications they may have for the labour market outcomes.

b) What does the Beveridge curve measure?

This question is about human capital accumulation in terms of on-the-job training.

C) Define general and firm specific human capital.

D) Discuss who pays for investments in human capital that leads to general human capital and to firm specific human capital.

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Rahul Sunny answered 2 years ago

Discuss the various types of frictions and distortions in labor and product markets that make the...

Discuss the various types of frictions and distortions in labor and product markets that make the adjustments of wages and prices slow, according to New Keynesian macroeconomists.

Discuss the various types of frictions and distortions in labor and product markets that make the...

Discuss the various types of frictions and distortions in labor and product markets that make the adjustments of wages and prices slow, according to New Keynesian macroeconomists.

Consider a simple economy with search and unemployment. The matching function is given by: M =...

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Question 5 Discuss the role of asymmetric information in causing financial frictions and subsequently financial crises. Question 6 Assume that currently the discount rate is 3%, the federal fund rate 3% and the interest rate on reserves is 0.5%. Suppose the Federal Reserve wants to lower the federal funds rate. Which of the following policy tools is more effective, a change in discount rate or a change in the interest rate on reserves? Use a supply and demand for reserves...

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Discuss the search and matching models. a) Shortly discuss the phenomenon of search frictions and the...

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