Showing 1 - 10 of 15,559
-finding rates. A search-matching model with endogenous separations and worker heterogeneity in terms of ability has difficulty in …
Persistent link: https://www.econbiz.de/10010289903
Recently, a number of authors have argued that the standard search model cannot generate the observed business …-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation …
Persistent link: https://www.econbiz.de/10011604899
process and labor markets are characterized by search and matching frictions. Entrants post vacancies and are matched to idle …
Persistent link: https://www.econbiz.de/10010292232
that mainly focused on estimating the effects of benefit duration on job search and acceptance strategies of the unemployed …
Persistent link: https://www.econbiz.de/10010333564
We use an estimated monetary business cycle model with search and matching frictions in the labor market and nominal … movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … factors and reduced efficiency in labor market matching were largely responsible for the experience in the U.S. Financial …
Persistent link: https://www.econbiz.de/10010320789
I produce novel evidence on worker reallocation across employers and between employment and nonemployment/unemployment for several European countries over the past two decades. I construct a dataset of monthly transition rates by developing a novel approach to measure them using cross-sectional...
Persistent link: https://www.econbiz.de/10015339037
of directed search based on non-wage amenities. Applications to vacancies attached to lower-skill occupations are …We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job … applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on …
Persistent link: https://www.econbiz.de/10015097144
of directed search based on non-wage amenities. Applications to vacancies attached to lower-skill occupations are …We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job … applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on …
Persistent link: https://www.econbiz.de/10015358779
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/10014469323
Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching … a series of estimated shocks from US data into a search and matching model with sticky prices and wages. I compare the … cycle volatility and matching the lack of a long-run relationship between vacancy creation and inflation. With regard to …
Persistent link: https://www.econbiz.de/10010274434