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dynamic stochastic search-matching model with heterogeneous workers, where aggregate shocks to productivity fuel up the cycle …
Persistent link: https://www.econbiz.de/10010254829
reforms in boosting the German economy. Considering that one of the main objectives of the reforms was to improve the matching … process on the labour market, I use rich, high-frequency, and recent administrative panel data to present new details … regarding the development of job-matching performance before and after the reform years. The results show that matching …
Persistent link: https://www.econbiz.de/10010467082
. Considering that one of the main objectives of these reforms was to improve the matching process on the labour market, I use high …-frequency administrative data to present new details regarding the development of job-matching performance from 2000 to 2011. Matching … productivity increased during all reform stages. Increases in matching productivity have become smaller from 2009. The analysis …
Persistent link: https://www.econbiz.de/10011661350
-term unemployment in European countries using a panel of 25 European countries over the period 2000-2018. We find that skill mismatches …, labor market matching efficiency, and labor market policies are associated with the incidence of long-term unemployment …
Persistent link: https://www.econbiz.de/10012545022
wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …
Persistent link: https://www.econbiz.de/10012832592
wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …
Persistent link: https://www.econbiz.de/10012228177
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric … movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative … tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state …
Persistent link: https://www.econbiz.de/10013185150
This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...
Persistent link: https://www.econbiz.de/10014345530
curve in a Markov-switching panel setting with time-varying transition probabilities for the US, Portugal and Spain using … structural indicators which could affect the matching efficiency in the labour market. The results show that the sharp outward …
Persistent link: https://www.econbiz.de/10011636179
model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue … that standard matching function estimations are seriously biased if idiosyncratic productivity plays a role for match …
Persistent link: https://www.econbiz.de/10010350860