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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
Persistent link: https://www.econbiz.de/10011634174
This paper studies match formation and dissolution in frictional marriage markets under labor market uncertainty. We propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for partners in the marriage market and switch between...
Persistent link: https://www.econbiz.de/10012304704
I propose a two-sector endogenous growth model with heterogeneous sectoral productivity and nonlinear hiring costs to analyse the link between sectoral resource allocation, low productivity growth and stagnant real wages. My results suggest that an upward shift in employment, triggered for...
Persistent link: https://www.econbiz.de/10012307862
We study the driving forces of the so-called "German labor market miracle" the trend-shift and steady decline of German unemployment over the last two decades that persisted beyond the Great Recession. Our structural VAR approach encompasses various factors within a single comprehensive...
Persistent link: https://www.econbiz.de/10012307753
In this paper I investigate the causal relationship between labor market polarization and intergenerational mobility, two of the most important features of advanced labor markets in recent decades. The former relates to the disappearance of middle-wage routine jobs and the rise of both high- and...
Persistent link: https://www.econbiz.de/10013326554
We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. Our theoretical model suggests that firms with high managerial efficiency open more stores per firm and have higher labor demand due to the reform. We find a sharp persistent increase in entry...
Persistent link: https://www.econbiz.de/10013337733
Over the recent decades, wide-spread automation has led to a shift of the US labor force from occupations intensive in routine tasks into occupations intensive in manual and abstract tasks. I integrate routine-biased technological change into an incomplete markets model with occupation-specific...
Persistent link: https://www.econbiz.de/10013332250
behind both deunionization and polarization. In a search and matching framework with endogenous occupational and endogenous …
Persistent link: https://www.econbiz.de/10012286315
Persistent link: https://www.econbiz.de/10011689350