Search Results - subject:"Search and matching"

Bargaining Frictions, Labor Income Taxation and Economic Performance

Auray, Stéphane; Danthine, Samuel - Departamento de Teoría e Historia Económica, Facultad … - 2008

qualitatively for the di erences between the US, French and Dutch economies. Keywords: models of search and matching, bargaining …

Persistent link: https://www.econbiz.de/10005031978

Wage Rigidity and Job Creation

Haefke, Christian; Sonntag, Marcus; van Rens, Thijs - Institute for the Study of Labor (IZA) - 2008

. JEL Classification: E24, E32, J31, J41, J64 Keywords: wage rigidity, search and matching model, business cycle … for Real Business Cycle models, search and matching models as well as new Keynesian models. 2 show that in order to …- tuations in the standard search and matching model. What matters for employment dynamics is not the aggregate wage in the …

Persistent link: https://www.econbiz.de/10005233819

Employment Protection Reform in Search Economies

L'Haridon, Olivier; Malherbet, Franck - Théorie Économique, Modélisation, Application … - 2008

The design of employment protection legislation (EPL) is of particular importance in the European debate on the contours of labor market reform. In this article we appeal to an equilibrium unemployment model to investigate the virtues of EPL reform which reduces the red tape and legal costs...

Persistent link: https://www.econbiz.de/10005341611

Labor market reform and price stability: an application to the Euro Area

Thomas, Carlos; Zanetti, Francesco - Banco de España - 2008

benefits, on inflation volatility. With this purpose, we build a New Keynesian model with search and matching frictions in the …

Persistent link: https://www.econbiz.de/10005155267

Sequential bargaining in a new-Keynesian model with frictional unemployment and staggered wage negotiation

Walque, Gregory de; Pierrard, Olivier; Sneessens, Henri; … - Central Bank of Luxembourg - 2008

We build a model with frictional unemployment and staggered wage bargaining and we assume that hours worked are negotiated every period. We analyze the role of workers? bargaining power in the hours negotiation on unemployment volatility and inflation persistence. The closer to zero is this...

Persistent link: https://www.econbiz.de/10009276972

Vacancy chains and the business cycle. Stringing together job-to-job transitions in micro data

Gianelle, Carlo; Tattara, Giuseppe - In: International Journal of Manpower 35 (2014) 8, pp. 1212-1235

Purpose – The purpose of this paper is to examine the dynamics of labour market flows over the business cycle through a vacancy chain model. It provides a direct computation of vacancy chains using micro data, empirically investigates the relationship between chain length and the...

Persistent link: https://www.econbiz.de/10014784565

Job-Security Provisions and Incomplete Markets

Lalé, Etienne - School of Economics, Finance and Management, University … - 2014

We study the effects of job-security provisions through the lens of a search-matching model with risk-neutral employers, risk-averse workers and incomplete asset markets. This setting limits the ability of agents to reallocate payments over time, and thereby to undo any mandatory transfer...

Persistent link: https://www.econbiz.de/10011096345

A search-theoretic model of the rental and homeownership markets

Kashiwagi, Masanori - In: Journal of Housing Economics 26 (2014) C, pp. 33-47

investigates the model’s positive and normative properties, applying ideas developed in search and matching theory. I analytically …

Persistent link: https://www.econbiz.de/10011077922

The labor wedge as a matching friction

Cheremukhin, Anton A.; Restrepo-Echavarria, Paulina - In: European Economic Review 68 (2014) C, pp. 71-92

We use a search and matching model to decompose the labor wedge into three classes of labor market frictions and …, unemployment is accounted for by the combination of frictions to matching efficiency, job destruction and bargaining. If search and … matching frictions give rise to the labor wedge, then it is relevant for explaining unemployment mainly through changes in …

Persistent link: https://www.econbiz.de/10010776779

International trade and macroeconomic dynamics with labor market frictions

Cacciatore, Matteo - In: Journal of International Economics 93 (2014) 1, pp. 17-30

This paper studies how labor market frictions affect the consequences of trade integration in a two-country dynamic stochastic general equilibrium model with heterogeneous firms and endogenous producer entry. Two main results emerge. First, trade integration is beneficial for welfare by inducing...

Persistent link: https://www.econbiz.de/10010776977