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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003832116
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Unemployment, marginal attachment and labor force participation in Canada and the United States
Jones, Stephen R. G.; Riddell, William Craig - 2017
We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S.. Using two complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the fraction of the non-employed who are unemployed...
Persistent link: https://www.econbiz.de/10011647679
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No longer qualified? : changes in the supply and demand for skills within occupations
Sasser, Alicia; Burke, Mary A.; Sadighi, Shahriar; … - 2023
occupations can arise if skill requirements are changing over time, potentially reducing aggregate matching efficiency within the … with an increased demand for software skills. We also find evidence that upskilling contributed to reduced matching … efficiency in certain segments of the US labor market as well as in the aggregate. In particular, matching efficiency was lower …
Persistent link: https://www.econbiz.de/10014419499
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Where did they go?
Frederiksen, Anders; Westergård-Nielsen, Niels C. - 2002
We study individual job-separations and their associated destination states for all individuals in the private sector in Denmark for the period 1980 to 1995 and account for the cyclical flows. We find that individual and workplace characteristics as well as business cycle effects are important...
Persistent link: https://www.econbiz.de/10011405772
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Optimal fiscal policy with labor selection
Chugh, Sanjay K.; Lechthaler, Wolfgang; Merkl, Christian - 2018
based on search and matching markets. We analytically characterize selection-model-consistent wedges and inefficiencies in …
Persistent link: https://www.econbiz.de/10011872840
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What do participation fluctuations tell us about labor supply elasticities?
Häfke, Christian; Reiter, Michael - 2011
labor supply elasticity. For this purpose, we extend the standard labor market matching model to allow for endogenous … and 0.5 for women. This is in line with recent micro-econometric estimates. -- matching models ; labor market …
Persistent link: https://www.econbiz.de/10009516939
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Non-monetary interventions, workforce retention and hospital quality : evidence from the English NHS
Moscelli, Giuseppe; Sayli, Melisa; Blanden, Jo; Mello, Marco - 2023
Excessive turnover can signicantly impair an organization's performance. Using high-quality administrative data and staggered dierence-in-dierences strategies, we evaluate the impact of a programme that encouraged public hospitals to increase staff retention by providing data and guidelines on...
Persistent link: https://www.econbiz.de/10014326821
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Pension rules and labour market mobility
Lammers, Marloes; Bloemen, Hans G.; Hochgürtel, Stefan - 2017
This paper makes use of a natural experiment to examine effects of potential capital losses and general attractiveness of pension schemes on employees' propensity to change jobs. On January 1st 2004, the two largest pension funds in the Netherlands, for civil servants and for the health care...
Persistent link: https://www.econbiz.de/10011671038
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Do non-monetary interventions improve staff retention? : evidence from English NHS hospitals
Sayli, Melisa; Moscelli, Giuseppe; Blanden, Jo; Bojke, Chris - 2022
Excessive turnover reduces the stock of an organization's human capital. In the public sector, where wage increases are often constrained, managers need to leverage non-monetary working conditions to retain their workers. We investigate whether workers are responsive to improvements in non-wage...
Persistent link: https://www.econbiz.de/10013343314
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Wage rigidity and job creation
Häfke, Christian (contributor); Sonntag, Marcus (contributor) - 2008
. -- Wage rigidity ; search and matching model ; business cycle … replicate these findings in a search model, it must be that wages are rigid in ongoing jobs but flexible at the start of new …
Persistent link: https://www.econbiz.de/10003759253