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@inproceedings{1122018,
author = {Tonner, Jaromír and Tvrz, Stanislav and Vašíček, Osvald},
address = {Jihlava},
booktitle = {Proceedings of the 31st International Conference Mathematical Methods in Economics},
edition = {1. vyd.},
editor = {Vojackova, H},
keywords = {DSGE models; labour market; search and matching; frictions},
howpublished = {elektronická verze "online"},
language = {eng},
location = {Jihlava},
isbn = {978-80-87035-76-4},
pages = {956-961},
publisher = {College of Polytechnics Jihlava},
title = {Labour Market Modelling within a DSGE Approach},
url = {https://www.vspj.cz/soubory/download/id/2259},
year = {2013}
}
TY - JOUR
ID - 1122018
AU - Tonner, Jaromír - Tvrz, Stanislav - Vašíček, Osvald
PY - 2013
TI - Labour Market Modelling within a DSGE Approach
PB - College of Polytechnics Jihlava
CY - Jihlava
SN - 9788087035764
KW - DSGE models
KW - labour market
KW - search and matching
KW - frictions
UR - https://www.vspj.cz/soubory/download/id/2259
L2 - https://www.vspj.cz/soubory/download/id/2259
N2 - The goal of this paper is to contribute to the understanding of the dynamics of main labour-market variables and their relevance for macroeconomic modelling and forecasting in a period of recession. We consider two ways of incorporating labour market into the New Keynesian DSGE framework. The firs one is rather straightforward and it is based on Jakab and Konya (2009). The second one is more sophisticated and it is based on Christiano et al. (2011). In both cases we extend the DSGE framework with search and matching frictions. Due to the early stage of our research we mainly focus on the literature review in this paper but we also provide some preliminary empirical results. In-sample forecasts generated on calibrated models are employed to evaluate their predictive power.
ER -
TONNER, Jaromír, Stanislav TVRZ a Osvald VAŠÍČEK. Labour Market Modelling within a DSGE Approach. Online. In Vojackova, H. \textit{Proceedings of the 31st International Conference Mathematical Methods in Economics}. 1. vyd. Jihlava: College of Polytechnics Jihlava, 2013, s.~956-961. ISBN~978-80-87035-76-4.
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