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unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …
Persistent link: https://www.econbiz.de/10009757237
Persistent link: https://www.econbiz.de/10010187631
Persistent link: https://www.econbiz.de/10009715095
The paper sheds light on developments in labour market matching in the EU after the crisis. First, it analyses the main … vacancy-unemployment relationship from structural shifts affecting the efficiency of labour market matching. Second, it … explores the main drivers of job matching efficiency, notably with a view to gauge whether mismatches became more serious …
Persistent link: https://www.econbiz.de/10010410357
stated that matching efficiency decreased. Using a new decomposition method, combined with detailed labour market flow data …, we are the first to disentangle supply-side, demand-side and matching factors, which could potentially cause a shift in … the shift in the Beveridge curve after 2014 was mainly caused by a decrease in matching efficiency, indicating a rising …
Persistent link: https://www.econbiz.de/10012163054
stated that matching efficiency decreased. Using a new decomposition method, combined with detailed labour market flow data …, we are the first to disentangle supply-side, demand-side and matching factors, which could potentially cause a shift in … the shift in the Beveridge curve after 2014 was mainly caused by a decrease in matching efficiency, indicating a rising …
Persistent link: https://www.econbiz.de/10011962116
stated that matching efficiency decreased. Using a new decomposition method, combined with detailed labour market flow data …, we are the first to disentangle supply-side, demand-side and matching factors, which could potentially cause a shift in … the shift in the Beveridge curve after 2014 was mainly caused by a decrease in matching efficiency, indicating a rising …
Persistent link: https://www.econbiz.de/10012285972
During the last few decades, labor markets in advanced economies have become "polarized" as relative labor demand grows for high- and low-skill workers while it declines for middle-skill workers. This paper explores how polarization has interacted with the U.S. business cycle since the late...
Persistent link: https://www.econbiz.de/10010219699
frictions. -- Matching ; productivity shocks ; job flows ; Beveridge curve ; vintage structure ; nominal rigidities ; monetary …
Persistent link: https://www.econbiz.de/10003963735
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric … movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative … tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state …
Persistent link: https://www.econbiz.de/10013185150