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The German labor market during the Great Recession : shocks and institutions
Gehrke, Britta; Lechthaler, Wolfgang; Merkl, Christian - 2018
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011916540
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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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Does short-time work save jobs? : a business cycle analysis
Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - 2013
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10009763124
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Disaggregate matching functions
Fahr, René; Sunde, Uwe - 2001
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of … the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is …
Persistent link: https://www.econbiz.de/10011403040
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016
over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic …This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities …
Persistent link: https://www.econbiz.de/10011455340
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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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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
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No longer qualified? : changes in the supply and demand for skills within occupations
Sasser, Alicia; Burke, Mary A.; Sadighi, Shahriar; … - 2023
occupations can arise if skill requirements are changing over time, potentially reducing aggregate matching efficiency within the … with an increased demand for software skills. We also find evidence that upskilling contributed to reduced matching … efficiency in certain segments of the US labor market as well as in the aggregate. In particular, matching efficiency was lower …
Persistent link: https://www.econbiz.de/10014419499
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Where did they go?
Frederiksen, Anders; Westergård-Nielsen, Niels C. - 2002
We study individual job-separations and their associated destination states for all individuals in the private sector in Denmark for the period 1980 to 1995 and account for the cyclical flows. We find that individual and workplace characteristics as well as business cycle effects are important...
Persistent link: https://www.econbiz.de/10011405772
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Recessions and occupational match quality: the role of age, gender, and education
Addison, John T.; Chen, Liwen; Ozturk, Orgul Demet - 2020
Although the adverse labor market effects of economic recessions have been well documented, a notable omission in the literature is how recessions impact workers' job match quality. This paper considers the short and longer-term losses in productivity associated with the job changing brought in...
Persistent link: https://www.econbiz.de/10012239564