Remittances, entrepreneurship, and employment dynamics over the business cycle
AF Shapiro, FS Mandelman - Journal of International Economics, 2016 - Elsevier
We incorporate remittances and micro-entrepreneurship (self-employment) into a small
open economy business cycle model with capital and labor market frictions. Countercyclical …
open economy business cycle model with capital and labor market frictions. Countercyclical …
[PDF][PDF] Comparing solution methodologies for macro-finance models with nonlinear dynamics
We provide a global solution method for a class of macroeconomic models featuring
nonlinear dynamics and compare the global method with first order, second order, and …
nonlinear dynamics and compare the global method with first order, second order, and …
[PDF][PDF] Global Projection versus Local Perturbation Solutions for Macro-Finance Models with Nonlinear Dynamics
We provide a general solution method for macroeconomic models featuring nonlinear
dynamics. This class of models include macroeconomic models for unconventional …
dynamics. This class of models include macroeconomic models for unconventional …