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vacancies on the other hand, which is observationally equivalent to a constant returns Cobb-Douglas function commonly used to …
Persistent link: https://www.econbiz.de/10010248216
vacancies on the other hand, which is observationally equivalent to a constant return Cobb-Douglas function commonly used to …
Persistent link: https://www.econbiz.de/10010350860
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb …
Persistent link: https://www.econbiz.de/10010410222
measures for inflows into unemployment and vacancies. When these are included, the magnitude of the time trend is halved but … versions of the law of motion for vacancies: the coefficients in matching functions coincide with the coefficients in the law …
Persistent link: https://www.econbiz.de/10010323804
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011447126
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011455340
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011444082
This paper proposes a new method to estimate the extent of job competition between workers with different schooling levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use flow data out of unemployment containing information on...
Persistent link: https://www.econbiz.de/10011412393
in the number of vacancies has a very weak effect on the number of unemployed workers being hired: unemployed workers … appear to be unable to compete for many available jobs. Vacancies are filled quickly and there is no (or only weak) evidence … that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …
Persistent link: https://www.econbiz.de/10011568900
in the number of vacancies has a weak effect on the number of unemployed workers being hired: unemployed workers appear … to be unable to compete for many available jobs. Vacancies are filled quickly and there is no (or only weak) evidence … that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …
Persistent link: https://www.econbiz.de/10011588051