| Title | "Population and Firm Dynamics with Labor Market Frictions" (joint work with Minsu Chang) |
|---|---|
| Date | 2021年7月21日（水）10:25-12:10 (日本時間） 10:25am-12:10pm, July 21, 2021 (JAPAN TIME) |
| Venue | Zoomでの開催となります。URLについては事前に参加登録された方に後日メールでお知らせいたします。 Online lecture on Zoom: the URL will be sent to registered participants via e-mail. 7/20 登録された皆様にZoomのURLをお送りしました。 メールが届いていない場合はCREPE事務局までメール（crepe@e.u-tokyo.ac.jp)にてご連絡ください。 The URL for Zoom has been sent to registered participants via e-mail. Please contact CREPE office at crepe@e.u-tokyo.ac.jp if you do not receive the invitation e-mail. 参加登録は7月19日でいったん締め切りました。以降参加を希望される方はCREPE事務局までお名前・ご所属をお書き添えの上、メールでご連絡ください（crepe@e.u-tokyo.ac.jp) After July 19, please contact us directly at crepe@e.u-tokyo.ac.jp stating your name and affiliation if you would like to join the seminar. |
| Lecturer | 向山敏彦（Toshihiko Mukoyama, Georgetown University and CREPE) |
| Abstract | We analyze how an economy should adjust the entry and exit of firms in the face of changes in population growth. In particular, we consider interaction with labor market frictions. To this end, we build a standard Diamond-Mortensen-Pissarides search and matching model, extended to accommodate population growth. We show how a decline in population growth, driven by either a decrease in birth rate or an increase in death rate, affects the social planner's decisions on vacancy creation and separation. We also characterize the relationship between the social planner's solution and the market equilibrium. |
| Information | 発表は英語で行われます（Presentation in English） |