Similar Search Results

Fujita, Shigeru; Ramey, Garey - EconWPA - 2005

both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching … the matching model with sunk costs, vacancies react sluggishly to shocks, leading to highly realistic dynamics. …

Persistent link: https://www.econbiz.de/10005561342

Matching Models Under Scrutiny : Understanding the Shimer Puzzle

Gabriele, CARDULLO - Institut de Recherche Économique et Sociale (IRES), … - 2008

Two papers have recently questioned the quantitative consistency of the search and matching models. Shimer (2005) has … argued that a text-book matching model is unable to explain the cyclical variation of unemployment and vacancies in the U …

Persistent link: https://www.econbiz.de/10004984783

Equilibrium Evaluation of Active Labor Market Programmes Enhancing Matching Effectiveness

Bruno, VAN DER LINDEN - Institut de Recherche Économique et Sociale (IRES), … - 2005

This paper evaluates counselling programmes in an equilibrium matching model where workers are heterogeneous in skill …

Persistent link: https://www.econbiz.de/10004984803

Unemployment insurance and training in an equilibrium matching model with heterogeneous agents

Bruno, VAN DER LINDEN - Institut de Recherche Économique et Sociale (IRES), … - 2003

general equilibrium matching model is built where workers are heterogeneous and risk averse. Heterogeneity allows to look at …

Persistent link: https://www.econbiz.de/10004984915

The net effect of unemployment benefits, sanctions and training on aggregate unemployment outflows

Van der Linden, Bruno; Dor, Eric - Institut de Recherche Économique et Sociale (IRES), … - 1998

This paper tries to bridge the gap between the theoretical and empirical analyses of the aggregate impacts of labor market policies (LMPs). Contrary to previous empirical studies, we conduct an econometric analysis based on sound theoretical foundations. The specification is based on an...

Persistent link: https://www.econbiz.de/10004984974

Do the Higher Educated Unemployed Crowd out the Lower Educated Ones in a Competition for Jobs ?

COCKX, Bat; DEJEMEPPE, Muriel - Institut de Recherche Économique et Sociale (IRES), … - 2002

levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use …

Persistent link: https://www.econbiz.de/10004985063

Labor Market Policies and Equilibrium Employment : Theory and Application for Belgium

Van der Linden, Bruno; Dor, Eric - Institut de Recherche Économique et Sociale (IRES), … - 2001

insurance system (the replacement ratio and the level of sanctions). It develops an equilibrium job matching model where active …

Persistent link: https://www.econbiz.de/10004985067

Matching and Saving in Continuous Time: Theory

BAYER, Christian; WALDE, Klaus - Institut de Recherche Économique et Sociale (IRES), … - 2010

We analyse optimal saving of risk-averse households when labour income stochastically jumps between two states. The generalized Keynes-Ramsey rule includes a precautionary savings term. A phase diagram analysis illustrates consumption and wealth dynamics within and between states. There is an...

Persistent link: https://www.econbiz.de/10008505490

Search Frictions on Product and Labor markets : Money in the Matching Function

Etienne, LEHMANN; Bruno, VAN DER LINDEN - Institut de Recherche Économique et Sociale (IRES), … - 2007

This paper builds a macroeconomic model of equilibrium unemployment in which firms persistently face difficulties in selling their production and this affects their decisions to create jobs. Due to search-frictins on the product market, equilibrium unemployment is a U-shaped function of the...

Persistent link: https://www.econbiz.de/10004984870

Francois, Fontaine - EconWPA - 2004

We provide a matching model where identical workers are embedded in ex- ante identical social networks. Job arrival … necessary induce stickiness in unemployment dynamics. Our endogenous matching technology shows that the effects of networks on …

Persistent link: https://www.econbiz.de/10005408313