A Stock-Flow Accounting Model of the Labor Market: An Application to Israel

A Stock-Flow Accounting Model of the Labor Market: An Application to Israel
The paper utilizes a theoretical stock-flow accounting model of the labor market, similar toBlanchard and Diamond (1989). Identifying restrictions are derived from the theoretical modeland are imposed on a SVAR system. The estimation allows for decomposing fluctuations to theircyclical and structural components. The model is applied to the... READ MORE...

Publication date: March 2015
ISBN 9781484360569
$18.00

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