Showing 1 - 10 of 11
The difficulty to allocate the right workers to the right jobs is an important source of market frictions. With the expansion of atypical jobs in the mid-1980’s, the idea that screening and flexibility could be complementary motivations arose. The purpose of this paper is twofold : (i) First,...
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In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements in the discount factor. A comparison with the standard productivity shock is provided. Movements in the discount factor can be used as a proxy for variations in financial risks,...
Persistent link: https://www.econbiz.de/10010374578
This study investigates job polarization in the United States and in France. In the data, the dynamics of employment shares for abstract, routine, and manual jobs appear very similar in the two countries. This similarity actually hides major differences in the dynamics of employment levels by...
Persistent link: https://www.econbiz.de/10011732027
We propose a model with involuntary unemployment, incomplete markets, and nominal rigidity, in which the effects of government spending are state-dependent. An increase in government purchases raises aggregate demand, tightens the labor market and reduces unemployment. This in turn lowers...
Persistent link: https://www.econbiz.de/10012843281
This paper builds a time series for vacancies in Argentina and shows the path of the Beveridge curve during the period 2000–2018. We use a novel dataset from a survey that collects vacancy postings since 2008 and combine it with a print help-wanted index published from 2000 through 2014. We...
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This article sheds light on the dynamics of the Argentine labor market, using quarterly data from the Argentine Labor Force Survey for the period 2003Q3 to 2020Q1. We examine quarterly transition rates in a four-state model with formal employment, informal employment, unemployment, and...
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