Narrow search
Showing 1 - 5 of 5
Cover Image
Money, Inflation, and Unemployment in the Presence of Informality
Ait Lahcen, Mohammed - 2018
This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the entry channel (size) and … entry and increasing unemployment. On the other hand, it shifts firms hiring decision from high separation informal jobs to …
Persistent link: https://www.econbiz.de/10011892083
Cover Image
Applications and interviews: A structural analysis of two-sided simultaneous search
Wolthoff, Ronald P. - 2010
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers and firms. This ignores the frictions that arise when workers and firms meet in a multilateral way and cannot coordinate their application and hiring decisions. I analyze the...
Persistent link: https://www.econbiz.de/10010278320
Cover Image
Applications and Interviews: A Structural Analysis of Two-Sided Simultaneous Search
Wolthoff, Ronald P. - University of Toronto, Department of Economics - 2010
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers and firms. This ignores the frictions that arise when workers and firms meet in a multilateral way and cannot coordinate their application and hiring decisions. I analyze the...
Persistent link: https://www.econbiz.de/10008776821
Cover Image
Applications and Interviews - A Structural Analysis of Two-Sided Simultaneous Search
Wolthoff, Ronald P. - CESifo - 2011
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers and firms. This ignores the frictions that arise when workers and firms meet in a multilateral way and cannot coordinate their application and hiring decisions. I analyze the...
Persistent link: https://www.econbiz.de/10008833885
Cover Image
The $1 Trillion Wage Deficit
Baker, Dean; Schmitt, John - Center for Economic and Policy Research (CEPR) - 2009
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825