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Search, technology choice, and unemployment

Angyridis, Constantine; Zhou, Haiwen - In: International studies of economics 17 (2022) 3, pp. 296-310

Technology variations among countries account for a significant part of their income differences. In this paper, a firm's technology choice is embedded in a search theoretic framework for unemployment. More advanced technology is assumed to have a higher setup cost, but it is more productive....

Persistent link: https://www.econbiz.de/10013454398

The accuracy of job seekers' wage expectations

Caliendo, Marco; Mahlstedt, Robert; Schmeißer, Aiko; … - 2024

We study the accuracy of job seekers' wage expectations by comparing subjective beliefs to objective benchmarks using linked administrative and survey data. Our findings show that especially job seekers with low objective earnings potential and those predicted to face a penalty compared to their...

Persistent link: https://www.econbiz.de/10015044969

Wage-specific search intensity

Rendon, Sívio - 2023

I propose a model in which agents decide on job search intensity for each possible wage, unlike the usual setup of constant search intensity over wage draws. The proposed framework entails efficiency gains in that agents do not waste effort to searching for low paying unacceptable jobs or less...

Persistent link: https://www.econbiz.de/10014229136

Testing theories of job creation : does supply create its own demand?

Carlsson, Mikael (contributor); Eriksson, Stefan (contributor) - 2006

How well do alternative labor market theories explain variations in net job creation? According to search-matching … of the search-matching theory. -- Job Creation ; Involuntary Unemployment ; Search-Matching ; Labor Demand …

Persistent link: https://www.econbiz.de/10003319548

Testing theories of job creation : does supply create its own demand?

Carlsson, Mikael (contributor); Eriksson, Stefan (contributor) - 2006

How well do alternative labor market theories explain variations in net job creation? According to search-matching … of the search-matching theory. -- job creation ; involuntary unemployment ; search-matching ; labor demand …

Persistent link: https://www.econbiz.de/10003371770

Testing Theories of Job Creation : Does Supply Create its Own Demand?

Carlsson, Mikael - 2007

Search-matching theory has come to dominate labor economics in recent years, but few attempts have been made to compare … the empirical relevance of search-matching theory to efficiency wage and bargaining theories, where employment is … determined by labor demand. In this paper we formulate an empirical equation for net job creation, which encompasses search-matching …

Persistent link: https://www.econbiz.de/10012778561

Digital adoption, automation, and labor markets in developing and emerging economies

Finkelstein Shapiro, Alan; Mandelman, Federico S. - 2019

build a general equilibrium search-and-matching model with endogenous labor force participation, self-employment, endogenous …

Persistent link: https://www.econbiz.de/10012137301

Labor market and macroeconomic dynamics in Latin America amid COVID : the role of digital adoption policies

Finkelstein Shapiro, Alan; Nuguer, Victoria - 2022

in a search and matching framework with firm entry and exit where salaried firms can adopt digital technologies and the …

Persistent link: https://www.econbiz.de/10014496287

Disproving Diamond's Search Theory

Choi, Hak - 2016

This paper disproves Diamond's search theory. Diamond transformed from an identity of employed workers and filled jobs to another of their surplus. This paper proves that such transformation is invalid, and that the resulting identity does not hold. This paper also proves that even the asset...

Persistent link: https://www.econbiz.de/10012978900

Much Ado about the Mortensen-Pissarides Matching Theory

Choi, Hak - 2016

This paper proves that the Mortensen-Pissarides matching theory is nothing but a tautology. They started with an …

Persistent link: https://www.econbiz.de/10012978974