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News

March 19 at 4.00 pm - Research seminar by Francesco Zanetti (University of Oxford) «Financial Shocks and Labor Market Fluctuations»

Venue: Shabolovka st. 26, Room 3211

On Thursday, March 19 at 4.00 pm International College of Economics and Finance will hold the Research Seminar.
Speaker: Francesco Zanetti (University of Oxford) <Curriculum Vitae>
Theme: «Financial Shocks and Labor Market Fluctuations»
Venue: Shabolovka st. 26, Room 3211

Abstract: This paper investigates the effect of financial shocks using an estimated general equilibrium model that links the firm’s flows of financing with labor market variables. The results show that financial shocks have sizeable, short-run effects on vacancy posting, unemployment and wages, and persistent effects on financial variables. Shocks to the job destruction rate are important in describing short-run fluctuations in unemployment. The analysis also investigates the underlying driving forces of some key comovements in the data.

Everyone interested is welcome to attend!

See the web-page of the seminar < http://icef.hse.ru/en/announcements/145682642.html >
Pass can be ordered by:
tel. +7 (495) 772-95-90 ext. 26090
e-mail: vzheleznov@hse.ru
contact: Slava Zheleznov