Using a two-sector endogenous growth model, this paper explores how productivity shocks in the goods and human capital …-forecast horizons whereas human capital productivity innovations dominate at longer ones. Second, the combined explanatory power of the … two technology shocks in the human capital model is greater than the Hicks-neutral shock in the RBC model in the medium …

workers to whom they are connected over unconnected or unemployed workers. Employed and connected workers mostly go to high-productivity … firms, whereas unemployed and unconnected workers tend to go to low-productivity firms. Strong connections - family, recent …, durable, formed in small groups, between socially similar agents - matter the most. A displacement shock causes connected …

In labor markets with worker and firm heterogeneity, the matching between firms and workers may be assortative, meaning …-emplyee data from Portugal. Using dynamic panel data methods, we quantify a firm-specific productivity term for each firm, and we … relate this to the skill distribution of workers in the firm. We find that there is positive assortative matching, in …

One goal of the public employment service is to facilitate matching between unemployed job seekers and job vacancies …

One goal of the public employment service is to facilitate matching between unemployed job seekers and job vacancies …