Search Results - subject:"Matching frictions"

The effect of labor and financial frictions on aggregate fluctuations

Mumtaz, Haroon; Zanetti, Francesco - In: Macroeconomic dynamics 20 (2016) 1, pp. 313-341

Persistent link: https://www.econbiz.de/10011558388

Labor market participation, unemployment and monetary policy

Campolmi, Alessia; Gnocchi, Stefano - In: Journal of monetary economics 79 (2016), pp. 17-29

Persistent link: https://www.econbiz.de/10011709306

Education and the welfare gains from employment protection

Charlot, Olivier; Malherbet, Franck - 2010

This paper studies the impact of an European-like labor market regulation on the return to schooling, equilibrium unemployment and welfare. We show that firing costs and temporary employment have opposite effects on educational choices. We furthermore demonstrate that a laissez faire economy...

Persistent link: https://www.econbiz.de/10010269666

Fiscal calculus in a New Keynesian model with matching frictions

Campolmi, Alessia; Faia, Ester; Winkler, Roland C. - 2010

because of matching frictions. We compare fiscal packages with different targets (pure demand stimuli versus subsidy to cost …

Persistent link: https://www.econbiz.de/10010277245

Fiscal Calculus in a New Keynesian Model with Matching Frictions

Winkler, Roland C.; Campolmi, Alessia; Faia, Ester - 2010

because of matching frictions. We compare fiscal packages with different targets (pure demand stimuli versus subsidy to cost …

Persistent link: https://www.econbiz.de/10010277260

Education and the Welfare Gains from Employment Protection

Charlot, Olivier; Malherbert, Franck - Centre Interuniversitaire sur le Risque, les Politiques … - 2010

Persistent link: https://www.econbiz.de/10008504202

Do Matching Frictions Explain Unemployment? Not in Bad Times

Michaillat, Pascal - Centre for Economic Performance, LSE - 2010

This paper models unemployment as the result of matching frictions and job rationing. Job rationing is a shortage of … returns to labor. During recessions, job rationing is acute, driving the rise in unemployment, whereas matching frictions … inexpensive, so matching frictions do not matter much. In a calibrated model, cyclical fluctuations in the composition of …

Persistent link: https://www.econbiz.de/10009643559

Education and the Welfare Gains from Employment Protection

Charlot, Olivier; Malherbet, Franck - Institute for the Study of Labor (IZA) - 2010

Persistent link: https://www.econbiz.de/10008564707

Education and the welfare gains from employment protection

Olivier, Charlot; Franck, Malherbet - Théorie Économique, Modélisation, Application … - 2010

In this paper, we generalize the study of the return to education undertaken in e.g. Laing, Palivos and Wang (1995) or Burdett and Smith (2002) to an environment where the link between education and employment stability is taken into account. This enables us to study how an European-like and...

Persistent link: https://www.econbiz.de/10008671970

Search externalities with crowding-out effects

Decreuse, Bruno - In: Economics Bulletin 30 (2010) 4, pp. 2751-2758

We consider a static search model with two types of workers, Nash bargaining, and free entry of firms. The matching function is specified so as cross-type congestion effects are asymmetric. Skilled workers create congestion effects for all, while unskilled workers do not affect the odds of...

Persistent link: https://www.econbiz.de/10008680623