A labor matching model with nominal rigidities can match short-run movements in labor's share with some success …

This paper investigates spatial correlation in the matching process of vacant jobs and job seekers. The importance of … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … clusters of regions of particularly intense interregional matching, and examine the effects of German re-unification. After …

This paper investigates spatial correlation in the matching process of vacant jobs and job seekers. The importance of … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … clusters of regions of particularly intense interregional matching, and examine the effects of German re-unification. After …

, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …

. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

the unemployment rate. I show that a simple frictionless business cycle model with heterogeneity and a simple form of on … employment growth. Worker flows are related to both employment growth and the unemployment rate, and quits and hires are …-the-job search, and quits beget hires to replace quitters. High unemployment crowds out quits, shortens the hiring chain, reduces the …

unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …