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Labor market dynamics with sorting
Schulz, Bastian - 2023
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor … disproportionately. Firms respond by posting additional vacancies, and the strength of the response is increasing in firm productivity …
Persistent link: https://www.econbiz.de/10014366741
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003832116
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The ins and outs of involuntary part-time employment
Borowczyk-Martins, Daniel; Lalé, Etienne - 2018
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
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Employment reallocation over the business cycle: evidence from Danish data
Bertheau, Antoine; Bunzel, Henning; Vejlin, Rune Majlund - 2020
We present new evidence on how employment growth varies across firm types (size, productivity, and wage) and over the business cycle using Danish data covering almost 30 years. We decompose net employment growth into two recruitment margins: net hirings from/to employment (poaching) and net...
Persistent link: https://www.econbiz.de/10012290637
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Job ladders by firm wage and productivity
Bertheau, Antoine; Vejlin, Rune Majlund - 2023
We investigate whether workers reallocate up firm productivity and wage job ladders, and the cyclicality of this process. We document that productivity is a better measure of the job ladder than the average wage, since high productivity firms relative to low poach more workers than high wage...
Persistent link: https://www.econbiz.de/10013499541
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Unemployment, marginal attachment and labor force participation in Canada and the United States
Jones, Stephen R. G.; Riddell, William Craig - 2017
We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S.. Using two complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the fraction of the non-employed who are unemployed...
Persistent link: https://www.econbiz.de/10011647679
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Employment cyclicality and firm quality
Kahn, Lisa B.; McEntarfer, Erika - 2014
the first year, due to both an increased likelihood of matching to a lower paying firm and a reduced probability of moving … up once matched. Thus our findings can account for some of the lasting negative impacts on workers forced to search for a …
Persistent link: https://www.econbiz.de/10010436157
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Large employers are more cyclically sensitive
Moscarini, Giuseppe; Postel-Vinay, Fabien - 2009
We provide new evidence that large firms or establishments are more sensitive than small ones to business cycle conditions. Larger employers shed proportionally more jobs in recessions and create more of their new jobs late in expansions, both in gross and net terms. The differential growth rate...
Persistent link: https://www.econbiz.de/10003810872
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Countercyclical recruiting rates and the value of jobs
Yashiv, Eran - 2015
U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...
Persistent link: https://www.econbiz.de/10011346601
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What hides behind the German labor market miracle? : unemployment insurance reforms and labor market dynamics
Hartung, Benjamin; Jung, Philip; Kuhn, Moritz - 2018
market search model. Absent the reform, unemployment rates would be 50% higher today. …
Persistent link: https://www.econbiz.de/10011951559