Search Results - subject:"Matching function"

Business cycles, unemployment insurance and the calibration of matching models

Costain, James S.; Reiter, Michael - Department of Economics and Business, Universitat … - 2003

This paper theoretically and empirically documents a puzzle that arises when an RBC economy with a job matching … function is used to model unemployment. The standard model can generate sufficiently large cyclical fluctuations in …

Persistent link: https://www.econbiz.de/10005772261

Vacancies, Hirings, and the Duration Function

Farm, Ante - Institutet för Social Forskning (SOFI), Stockholms … - 2003

While the matching function relates hirings (H) to vacancies (V) and unemployment, the duration function relates the … the matching function but easier to interpret. Therefore, this paper focuses on the microfoundations of the duration …

Persistent link: https://www.econbiz.de/10005644745

Business Cycles, Unemployment Insurance, and the Calibration of Matching Models

Costain, James S.; Reiter, Michael - CESifo - 2003

matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model …

Persistent link: https://www.econbiz.de/10005196193

Business cycles, unemployment insurance, and the calibration of matching models

Costain, James; Reiter, Michael - 2003

matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model …

Persistent link: https://www.econbiz.de/10011509369

The remarkable transformation of the UV curve in economic theory

Rodenburg, Peter - In: The European Journal of the History of Economic Thought 18 (2011) 1, pp. 125-153

The purpose of this paper is to provide an analysis of the impact the Unemployment-Vacancy (UV) curve (or Beveridge curve) had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper...

Persistent link: https://www.econbiz.de/10009219788

Accounting For Endogenous Search Behavior in Matching Function Estimation

Borowczyk-Martins, Daniel; Jolivet, Grégory; … - C.E.P.R. Discussion Papers - 2011

We show that equilibrium matching models imply that standard estimates of the matching function elasticities are … basic version of the matching function using aggregate U.S. data from the Job Openings and Labor Turnover Survey (JOLTS …

Persistent link: https://www.econbiz.de/10009150950

Do the Higher Educated Unemployed Crowd Out the Lower Educated Ones in a Competition for Jobs?

Cockx, Bart Leo Wim; Dejemeppe, Muriel - 2002

levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use …

Persistent link: https://www.econbiz.de/10010272731

Do the Higher Educated Unemployed Crowd out the Lower Educated Ones in a Competition for Jobs ?

COCKX, Bat; DEJEMEPPE, Muriel - Institut de Recherche Économique et Sociale (IRES), … - 2002

levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use …

Persistent link: https://www.econbiz.de/10004985063

New Microfoundations for the Aggregate Matching Function, with Empirical and Theoretical Implications

Stevens, Margaret - Department of Economics, Oxford University - 2002

labour market, none of these performs well in empirical studies of the aggregate matching function. Empirically, the most … model for the matching process, based on a `telephone line` Poisson queuing process. This implies a CES matching function …

Persistent link: https://www.econbiz.de/10010604836

Do the higher educated unemployed crowd out the lower educated ones in a competition for jobs?

Cockx, Bart; Dejemeppe, Muriel - 2002

levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use …

Persistent link: https://www.econbiz.de/10011412393