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In this paper, an agent-based search and matching (ABSAM) model of a local labor market with heterogeneous agents and …
Persistent link: https://www.econbiz.de/10011557520
Workers who lose their jobs can become re-employed either by being recalled to their previous employers or by finding new jobs. Workers' chances for recall should influence their job search strategies, so the rates of exit from unemployment by these two routes should be directly related. We...
Persistent link: https://www.econbiz.de/10010332407
We study a matching model with heterogeneous agents, nontransferable utility and search frictions. Agents differ along …
Persistent link: https://www.econbiz.de/10010281545
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....
Persistent link: https://www.econbiz.de/10010324801
Persistent link: https://www.econbiz.de/10011486876
there is nowadays much simpler than in the past. Search-matching externalities are amplified by this possibility and by the … expected, increasing matching effectiveness in the other region yields growing regional unemployment rates. We characterize the …
Persistent link: https://www.econbiz.de/10010221545
Persistent link: https://www.econbiz.de/10012039791
Persistent link: https://www.econbiz.de/10012107987
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....
Persistent link: https://www.econbiz.de/10011332815
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using data for 16 countries from the European Social Survey...
Persistent link: https://www.econbiz.de/10010528571