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The Amplification of Unemployment Fluctuations Through Self-Selection

Hall, Robert E. - 2021

Unemployment arises from frictions in the matching of job-seekers and employers. The level of resources that employers …

Persistent link: https://www.econbiz.de/10013218331

Wage Dispersion in the Search and Matching Model with Intra-Firm Bargaining

Mortensen, Dale - 2010

facts can be explained by a search and matching model when firms are heterogenous with respect to productivity, are composed …

Persistent link: https://www.econbiz.de/10013152592

Skill Requirements Across Firms and Labor Markets : Evidence from Job Postings for Professionals

Deming, David J. - 2017

We study variation in skill demands for professionals across firms and labor markets. We categorize a wide range of keywords found in job ads into ten general skills. There is substantial variation in these skill requirements, even within narrowly defined occupations. Focusing particularly on...

Persistent link: https://www.econbiz.de/10012958585

The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the Us and Europe

Justiniano, Alejandro - 2012

We set-up a real business cycle model with search and matching frictions driven by several shocks, which nests full … probabilities observed in US, with mixed success in Europe. In contrast, matching shocks and job destruction shocks play a larger …

Persistent link: https://www.econbiz.de/10013114011

Searching for Better Prospects : Endogenizing Falling Job Tenure and Private Pension Coverage

Friedberg, Leora; Owyang, Michael T.; Sinclair, Tara M. - 2022

Recent declines in job tenure have coincided with a shift away from traditional defined benefit (DB) pensions, which reward long tenure. Recent evidence also points to an increase in job-to-job movements by workers, and we document gains in relative wages of job-to-job movers over a similar...

Persistent link: https://www.econbiz.de/10013324584

Directed Search Over the Life Cycle

Menzio, Guido - 2012

We develop a life-cycle model of the labor market in which different worker-firm matches have different quality and the assignment of the right workers to the right firms is time consuming because of search and learning frictions. The rate at which workers move between unemployment, employment...

Persistent link: https://www.econbiz.de/10013112417

The Establishment-Level Behavior of Vacancies and Hiring

Davis, Steven J. - 2010

addition to vacancies, as they vary hires. Building from our evidence and a generalized matching function, we construct a new … matching function, delivers a better-fitting empirical Beveridge Curve, and accounts for a large share of fluctuations in … search, matching and hiring in the labor market …

Persistent link: https://www.econbiz.de/10013139283

Spurring Job Creation in Response to Severe Recessions : Reconsidering Hiring Credits

Neumark, David - 2011

The continuing adverse labor market effects of the Great Recession have intensified interest in policy efforts to spur job creation. In periods when labor demand and supply are in balance, either hiring credits or worker subsidies can be used to boost employment - hiring credits by reducing...

Persistent link: https://www.econbiz.de/10013128608

Mismatch Unemployment

Sahin, Aysegul - 2012

We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources...

Persistent link: https://www.econbiz.de/10013102714

Heterogeneity and Cyclical Unemployment

Bils, Mark; Chang, Yongsung; Kim, Sun-bin - 2021

We model worker heterogeneity in the rents from being employed in a Diamond-Mortensen-Pissarides model of matching and …

Persistent link: https://www.econbiz.de/10013311946