Showing 1 - 10 of 22
Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool …
Persistent link: https://www.econbiz.de/10005797254
It is increasingly recognized that labour markets are pervasively imperfectly competitive, that there are rents to the employment relationship for both worker and employer. This chapter considers why it is sensible to think of labour markets as imperfectly competitive, reviews estimates on the...
Persistent link: https://www.econbiz.de/10008542750
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …
Persistent link: https://www.econbiz.de/10005510441
This paper investigates the impact of immigration on the probability of being in social housing in the UK. In recent … years immigrant households are slightly more likely than natives to be in social housing but once one controls for relevant … household characteristics immigrants are significantly less likely to be in social housing than natives. However, there has been …
Persistent link: https://www.econbiz.de/10010757247
This paper estimates the impact of recorded domestic property crime on property prices in the London area. Crimes in the Criminal Damage category have a significant negative impact on prices. Burglaries have no measurable impact on prices, even after allowing for the potential dependence of...
Persistent link: https://www.econbiz.de/10005797297
Although most UK immigrants are likely to be eligible to apply for social housing, there is no evidence that they have … increase the social housing stock, has reduced the availability of social housing for UK native households. According to … part of the population attracted to social housing has been neglected, but they are wrong to think that this neglect …
Persistent link: https://www.econbiz.de/10010765684
performance through housing valuations. This literature consistently finds housing valuations to be significantly higher in places …
Persistent link: https://www.econbiz.de/10010700451
description of the way in which labour markets actually work. This paper uses the techniques of search theory to analyse the …
Persistent link: https://www.econbiz.de/10005016761
We survey the microfoundations, empirical evidence and estimation issues underlying the aggregate matching function …. Several microeconomic matching mechanisms have been suggested in the literature with some successes but none is generally … accepted as superior to all others. Instead, an aggregate matching function with hires as a function of vacancies and …
Persistent link: https://www.econbiz.de/10005016779
This paper analyses the interaction between internal agency problems within firms and external search frictions when … of the wage contracts is positively related to high productivity, low unemployment benefits and high search frictions. …
Persistent link: https://www.econbiz.de/10005151017