Centre for Vocational Education Research LSE RSS Email Facebook Twitter

Search by Keyword:
You searched for "frictions"

cover
CEP Discussion Paper
The Urban Wage Premium in Imperfect Labour Markets Boris Hirsch, Elke J. Jahn, Alan Manning and Michael Oberfichtner
March 2019
Paper No' CEPDP1608:
Read Abstract | Full Paper (pdf)

JEL Classification: R23; J42; J31


Tags: urban wage premium; imperfect labour markets; monopsony; search frictions

cover
CEP Discussion Paper
Labor Specialization as a Source of Market Frictions Maria Molina-Domene
October 2018
Paper No' CEPDP1580:
Read Abstract | Full Paper (pdf)

JEL Classification: J24; J42; J63


Tags: labor specialization; market frictions; division of labor; human capital

cover
CEP Discussion Paper
Pension Shocks and Wages Pawel Adrjan and Brian Bell
March 2018
Paper No' CEPDP1536:
Read Abstract | Full Paper (pdf)

JEL Classification: J31; J32; G32


Tags: wages; pensions; frictions

cover
SERC/Urban and Spatial Programme Discussion Paper
Trade and Frictional Unemployment in the Global Economy Céline Carrère, Anja Grujovic and Frédéric Robert-Nicoud
December 2015
Paper No' SERCDP0189:
Read Abstract | Full Paper (pdf)

JEL Classification: F15; F16; F17; J64


Tags: labor market frictions; unemployment; trade

cover
CEP Discussion Paper
Information Frictions and Adverse Selection: Policy Interventions in Health Insurance Markets Benjamin R. Handel, Jonathan T. Kolstad and Johannes Spinnewijn November 2015
Paper No' CEPDP1390:
Read Abstract | Full Paper (pdf)

JEL Classification: D80; I13


Tags: information frictions; adverse selection; policy interventions

cover
CEP Discussion Paper
The Persistence of a Banking Crisis Kilian Huber
November 2015
Paper No' CEPDP1389:
Read Abstract | Full Paper (pdf)

JEL Classification: D22; D53; E24; E44; G01; G21; J01; J23; J30; O16; O40; O47


Tags: banking crisis; financial frictions; lending; gdp; growth; employment

cover
CEP Discussion Paper
Financial Constraints in Search Equilibrium: Mortensen and Pissarides Meet Holmstrom and Tirole Tito Boeri, Pietro Garibaldi and Espen R. Moen December 2014
Paper No' CEPDP1317:
Read Abstract | Full Paper (pdf)

JEL Classification: G01; J64


Tags: search frictions; financial frictions; leverage; liquidity; pledgeability

cover
CEP Discussion Paper
The Objective Benefits of Subjective Well-Being Jan-Emmanuel De Neve, Ed Diener, Louis Tay and Cody Xuereb
August 2013
Paper No' CEPDP1236:
Read Abstract | Full Paper (pdf)

JEL Classification: E10;E30;E24;E21


Tags: unemployment; aggregate demand; matching frictions

cover
CEP Discussion Paper
A Model of Aggregate Demand and Unemployment Pascal Michaillat and Emmanuel Saez
August 2013
Paper No' CEPDP1235:
Read Abstract | Full Paper (pdf)

JEL Classification: E10; E30; E24; E21


Tags: unemployment; aggregate demand; matching frictions

cover
CEP Discussion Paper
Optimal Policy for Macro-Financial Stability Gianluca Benigno, Huigang Chen, Chris Otrok, Alessandro Rebucci and Eric Young
October 2012
Paper No' CEPDP1172:
Read Abstract | Full Paper (pdf)

JEL Classification: E52; F37; F41


Tags: bailouts; capital controls; exchange rate policy; financial frictions; financial crises; macro-financial stability; macro-prudential policies

cover
CEP Discussion Paper
Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric R. Young August 2012
Paper No' CEPDP1160:
Read Abstract | Full Paper (pdf)

JEL Classification: E52; F37; F41


Tags: capital controls; exchange rate policy; financial frictions; financial crises; financial stability; optimal taxation; prudential policies; planning problem

cover
CentrePiece Article
Jobs in a recession Pascal Michaillat
May 2012
Paper No' CEPCP365:
Read Abstract | Full Paper (pdf)

CentrePiece 17 (1) Spring 2012


JEL Classification: E24; E32; J64


Tags: unemployment; matching frictions; job rationing

cover
CEP Discussion Paper
Preferential Trade Agreements and the Labor Market Emanuel Ornelas
January 2012
Paper No' CEPDP1117:
Read Abstract | Full Paper (pdf)

JEL Classification: F16; F15; F13


Tags: trade liberalization; unemployment; trade diversion; labor frictions

cover
CEP Discussion Paper
Fiscal Multipliers over the Business Cycle Pascal Michaillat
January 2012
Paper No' CEPDP1115:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; E32; E62; J64


Tags: fiscal multiplier; unemployment; business cycle; job rationing; matching frictions

cover
CEP Discussion Paper
Spatial Frictions Kristian Behrens, Giordano Mion, Yasusada Murata and Jens Südekum
December 2011
Paper No' CEPDP1108:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; R12


Tags: trade frictions; urban frictions; productivity; city-size distribution; markups

cover
CEP Discussion Paper
Financial Crises and Macro-Prudential Policies Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric R. Young December 2010
Paper No' CEPDP1032:
Read Abstract | Full Paper (pdf)

JEL Classification: E52; F37; F41


Tags: capital controls; crises; financial frictions; macro prudential policies; bailouts; overborrowing

cover
CEP Discussion Paper
Do Matching Frictions Explain Unemployment? Not in Bad Times Pascal Michaillat
November 2010
Paper No' CEPDP1024:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; E32; J64


Tags: unemployment; matching frictions; job rationing

cover
CEP Discussion Paper
Revisiting Overborrowing and Its Policy Implications Gianluca Benigno, Huigang Chen, Chris Otrok, Alessandro Rebucci and Eric Young October 2010
Paper No' CEPDP1020:
Read Abstract | Full Paper (pdf)

JEL Classification: E52; F37; F41


Tags: bailouts; financial frictions; macro prudential policies; overborrowing

cover
CEP Discussion Paper
Adjusting to Capital Account Liberalization Kosuke Aoki, Gianluca Benigno and Nobuhiro Kiyotaki
October 2010
Paper No' CEPDP1014:
Read Abstract | Full Paper (pdf)

JEL Classification: F32


Tags: credit frictions; capital account liberalization

cover
CEP Discussion Paper
Labor and the Market Value of the Firm Monika Merz and Eran Yashiv
May 2005
Paper No' CEPDP0690:
Read Abstract | Full Paper (pdf)

JEL Classification: E22; E23; E24;G12


Tags: production-based asset pricing; labor market frictions; gross flows; q-model; gmm


This paper has been published as:
American Economic Review, 2007, Volume 97, Issue 4,1419-1431