Blar i Norges Banks vitenarkiv på forfatter "Groshenny, Nicolas"
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Matching Efficiency and Business Cycle Fluctuations
Furlanetto, Francesco; Groshenny, Nicolas (Working Papers;7/2012, Working paper, 2012)A large decline in the efficiency of the U.S. labor market in matching unemployed workers and vacant jobs has been documented during the Great Recession. We use a simple New Keynesian model with search and matching frictions ... -
Mismatch Shocks and Unemployment During the Great Recession
Furlanetto, Francesco; Groshenny, Nicolas (Working Papers;16/2013, Working paper, 2013)We investigate the macroeconomic consequences of fluctuations in the effectiveness of the labor-market matching process with a focus on the Great Recession. We conduct our analysis in the context of an estimated medium-scale ...