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most of the key variables, as well as the negative co-variation of unemployment and vacancies. It offers a workable …
Persistent link: https://www.econbiz.de/10011071277
, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …
Persistent link: https://www.econbiz.de/10011071476
Labor’s share of GDP in most OECD countries has declined over the last two decades. Some authors have suggested that these changes are linked to deregulation of product and labor markets. To examine this we focus on a large quasi-experiment in the OECD: the privatization of many network...
Persistent link: https://www.econbiz.de/10010746486
The first contribution of this paper is to use UK monthly firm-level data to show that there is a large amount of transitory volatility in firm-level average earnings from month to month. We conclude that this cannot all be explained away as the consequence of measurement error, composition...
Persistent link: https://www.econbiz.de/10011126684
upon entry into the job? Finally is the wage-unemployment relationship influenced by inflation, competition or the housing …This paper is concerned with the relationship between wages and unemployment. Using UK regions and individuals as the … unemployment and wages or wage changes? Second, can we identify the relationship completely by looking at regional wages and …
Persistent link: https://www.econbiz.de/10010745323
Reduced- form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...
Persistent link: https://www.econbiz.de/10010746289
higher post-unemployment wages but not faster matches, so aggregate matching functions are unaffected by scale. …
Persistent link: https://www.econbiz.de/10010746460