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Can the standard search-and-matching labor market model replicate the business cycle fluctuations of the job finding …
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This paper develops a sufficient-statistic formula for the unemployment gap-the difference between the actual unemployment rate and the efficient unemployment rate. While lowering unemployment puts more people into work, it forces firms to post more vacancies and to devote more resources to...
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on job vacancies. We have developed spatial panel models to assess the search and matching process with a particular … returns to scale in matching technology. Moreover, we have identified global spillover effects as well as other factors that … impact the job-worker matching. We underline the role of data on job vacancies: the data retrieved from commercial job …
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