Cyclical shocks in a model of equilibrium unemployment

Hiroaki Miyamoto, Yoshimasa Shirai

Research output: Contribution to journalArticle

Abstract

The paper shows a model which displays a procyclical movement of job creation as a rational expectations equilibrium.

Original languageEnglish
Pages (from-to)282-288
Number of pages7
JournalJapanese Economic Review
Volume61
Issue number2
DOIs
Publication statusPublished - 2010 Jun

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Job creation
Equilibrium unemployment
Rational expectations equilibrium

ASJC Scopus subject areas

  • Economics and Econometrics

Cite this

Cyclical shocks in a model of equilibrium unemployment. / Miyamoto, Hiroaki; Shirai, Yoshimasa.

In: Japanese Economic Review, Vol. 61, No. 2, 06.2010, p. 282-288.

Research output: Contribution to journalArticle

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