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Persistent link: https://www.econbiz.de/10013464818
The impact of the Covid-19 pandemic on the UK labour market has been extremely heterogeneous across occupation and industrial sectors. Using novel data on job search, we document how individuals adjust their job search behaviour in response to changing employment patterns across occupations and...
Persistent link: https://www.econbiz.de/10013041333
The impact of the Covid-19 pandemic on the UK labour market has been extremely heterogeneous, with strong variation both by occupation and industrial sector. The extent to which workers adjust their job search behaviour in response to this reallocation of employment has an important bearing on...
Persistent link: https://www.econbiz.de/10012596017
This paper presents a short overview of dynamic models of labor markets with transaction costs. It shows that these models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage formation. It argues that this renewal provides a very...
Persistent link: https://www.econbiz.de/10013053447
Persistent link: https://www.econbiz.de/10012064993
The paper analyses the impact of centrally regulated pay on the quality of applicants to be police officers in England and Wales using a unique dataset of individual test scores from the national assessment that is required of all applicants. It provides empirical evidence of two distinct...
Persistent link: https://www.econbiz.de/10011307800
This paper analyzes the implications of labor market institutions and policies on the employment-labor productivity trade-off. We consider an equilibrium search model with wage posting and specific human capital investment where unemployment and the distribution of both wages and productivity...
Persistent link: https://www.econbiz.de/10013318959
deals with the question whether ALMP improves the matching-process between job-seekers and vacancies and thus increases the … former programme participants. The result from our augmented matching function shows that the lock-in effect is also present … matching process. However, this effect varies largely between different types of programmes. Positive effects occur for long …
Persistent link: https://www.econbiz.de/10010460947
In this paper I argue that search theory is a useful addition to the way economists and geographers have approached the study of commuting behavior. This is illustrated by showing that introduction of a spatial element into the standard model of job search leads to the prediction of critical...
Persistent link: https://www.econbiz.de/10011334847
In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...
Persistent link: https://www.econbiz.de/10010222189