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The assumption of aggregate matching functions in labor markets is tested using a network configuration model for directed multigraphs. We use employer–employee matched records of the universe of employees and firms in Finland and find that aggregate matching functions, even at the level of...
Persistent link: https://www.econbiz.de/10011426909
We construct a data-driven model of flows in graphs that captures the essential elements of the movement of workers between jobs in the companies (firms) of entire economic systems such as countries. The model is based on the observation that certain job transitions between firms are often...
Persistent link: https://www.econbiz.de/10011427062
The assumption of aggregate matching functions in labor markets is tested using a network configuration model for directed multigraphs. We use employer-employee matched records of the universe of employees and firms in Finland and find that aggregate matching functions, even at the level of...
Persistent link: https://www.econbiz.de/10011427072
We develop an alternative framework to the aggregate matching function in which workers search for jobs through a network of firms: the labor flow network. The lack of an edge between two companies indicates the impossibility of labor flows between them due to high frictions. In equilibrium,...
Persistent link: https://www.econbiz.de/10011427217
The study of labor mobility across firms is crucial to understand economic performance, unemployment, skills reallocation and other aspects that shape the economic life of nations. Modeling labor flows between firms has been a challenge due to the complexity arising from the distributed and...
Persistent link: https://www.econbiz.de/10011920672
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Using a novel large-scale dataset that links thousands of expenditure programs to the Sustainable Development Goals for over a decade, we analyze the impact of public expenditure on more than 100 different development indicators. Contrary to the single-dimensional view of evaluating expenditure...
Persistent link: https://www.econbiz.de/10014558535
Cooperation in the form of vote trading, also known as logrolling,is central for law-making processes, shaping the development of democratic societies. Empirical evidence of logrolling is scarce and limited to highly specific situations because existing methods are not easily applicable to...
Persistent link: https://www.econbiz.de/10012165001