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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Madeira, J. (2018). Assessing the empirical relevance of labour frictions to business cycle fluctuations. Oxford Bulletin of Economics and Statistics. 80 (3), 554-574
Exportar Referência (IEEE) 
J. A. Madeira,  "Assessing the empirical relevance of labour frictions to business cycle fluctuations", in Oxford Bulletin of Economics and Statistics, vol. 80, no. 3, pp. 554-574, 2018
Exportar BibTeX 
@article{madeira2018_1734884003464,
	author = "Madeira, J.",
	title = "Assessing the empirical relevance of labour frictions to business cycle fluctuations",
	journal = "Oxford Bulletin of Economics and Statistics",
	year = "2018",
	volume = "80",
	number = "3",
	doi = "10.1111/obes.12215",
	pages = "554-574",
	url = "https://onlinelibrary.wiley.com/journal/14680084"
}
Exportar RIS 
TY  - JOUR
TI  - Assessing the empirical relevance of labour frictions to business cycle fluctuations
T2  - Oxford Bulletin of Economics and Statistics
VL  - 80
IS  - 3
AU  - Madeira, J.
PY  - 2018
SP  - 554-574
SN  - 0305-9049
DO  - 10.1111/obes.12215
UR  - https://onlinelibrary.wiley.com/journal/14680084
AB  - This paper describes a dynamic stochastic general equilibrium model augmented with labour frictions, namely: indivisible labour, predetermined employment and adjustment costs. This improves the fit to the data as shown by a higher log marginal likelihood and closer match to key business cycle statistics. The labour frictions introduced are relevant for model dynamics and economic policy: the effect of total factor productivity shocks on most macroeconomic variables is substantially mitigated; fiscal policy leads to a greater crowding out of private sector activity and monetary policy has a lower impact on output. Labour frictions also provide a better match to impulse response functions from vector autoregressive models.
ER  -