Showing 1 - 10 of 189
The objective of this paper is to model explicitly the possibility to form temporary matching in a model of two …
Persistent link: https://www.econbiz.de/10004985128
This search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies …
Persistent link: https://www.econbiz.de/10004984879
We analyze to what extent skill heterogeneity in the labor market with different wage formation mechanisms can explain the features of the Spanish labor market. The model assumes two types of workers with differences in skills. Skilled labor sets wages in an efficiency way while unskilled labor...
Persistent link: https://www.econbiz.de/10004985274
This paper provides a simple matching model in which unemployed workers and employers can be matched together trough …
Persistent link: https://www.econbiz.de/10008505525
and the Beveridge curve. We build a stochastic dynamic general equilibrium matching model, which assumes failures in the … matching between vacancies and unemployed. We calibrate the model for the Spanish economy and simulate it considering two …
Persistent link: https://www.econbiz.de/10004985001
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
The aim of this article is to analyse critically the definition of involuntary unemployment offered by Lindbeck and Snower in their insider-outsider model. Their category of involuntary unemployment will be shown to be broader than that of unemployment. Hence, with their definitional stance, it...
Persistent link: https://www.econbiz.de/10004985087
The objective of this article is to evaluate quantitative implications of the hypothesis of matching, with endogenous …
Persistent link: https://www.econbiz.de/10008505606
The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits …
Persistent link: https://www.econbiz.de/10008505481
We use a calibrated general equilibrium model with heterogeneous labor and search to evaluate the quantitative effects of various labor tax cut scenarios. The focus is on skill heterogeneity combined with downward wage rigidities at the low end of the skill ladder. Workers can take jobs for...
Persistent link: https://www.econbiz.de/10008505488