21-034/VI - Invariance of Unemployment and Vacancy Dynamics with Respect to Diminishing Returns to Labor at the Firm Level

• Author
  Björn Brügemann, Vrije Universiteit Amsterdam
• Publication date
  May 4, 2021

• Keywords
  Diminishing returns, Diamond-Mortensen-Pissarides model, Aggregate unemployment dynamics, Calibration, Bargaining
• JEL
  E24, E32, J64