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-finding rate arise, which contrasts with results in an efficient search and matching economy. The efficient selection model …
Persistent link: https://www.econbiz.de/10011317662
This study estimates and decomposes recruitment elasticity, a key measure of employer market power, across job-matching … stages using data from Japan's largest job-matching intermediary. On average, recruitment elasticity is negative but not …
Persistent link: https://www.econbiz.de/10015183327
-finding rate arise, which contrasts with results in an efficient search and matching economy. The efficient selection model …
Persistent link: https://www.econbiz.de/10013016204
-finding rate arise, which contrasts with results in an efficient search and matching economy. The efficient selection model …
Persistent link: https://www.econbiz.de/10013017376
-looking hiring and labor supply decisions, efficiency entails both static and intertemporal margins. We develop welfare …-relevant measures of marginal rates of transformation and efficiency along each margin that nest their counterparts in frictionless … independent of the wage-determination process, that decentralize efficient allocations. Unlike the Hosios condition for matching …
Persistent link: https://www.econbiz.de/10008842228
on search and matching markets. We analytically characterize selection-modelconsistent wedges and inefficiencies in order …
Persistent link: https://www.econbiz.de/10011434257
based on search and matching markets. We analytically characterize selection-model-consistent wedges and inefficiencies in …
Persistent link: https://www.econbiz.de/10011864654
based on search and matching markets. We analytically characterize selection-model-consistent wedges and inefficiencies in …
Persistent link: https://www.econbiz.de/10011872840
U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...
Persistent link: https://www.econbiz.de/10011346601
-looking hiring and labor supply decisions, efficiency entails both static and intertemporal margins. We develop welfare …-relevant measures of marginal rates of transformation and efficiency along each margin that nest their counterparts in frictionless … independent of the wage-determination process, that decentralize efficient allocations. Unlike the Hosios condition for matching …
Persistent link: https://www.econbiz.de/10010277965