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Evaluating the Performance of the Search and Matching Model

Yashiv, Eran - Institute for the Study of Labor (IZA) - 2006

Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …

Persistent link: https://www.econbiz.de/10005763819

Evaluating the performance of the search and matching model

Yashiv, Eran - London School of Economics (LSE) - 2005

Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … most of the key variables, as well as the negative co-variation of unemployment and vacancies. It offers a workable …

Persistent link: https://www.econbiz.de/10011071277

Labor Search and Matching in Macroeconomics

Yashiv, Eran - Institute for the Study of Labor (IZA) - 2007

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

Persistent link: https://www.econbiz.de/10005822179

Labor search and matching in macroeconomics

Yashiv, Eran - London School of Economics (LSE) - 2007

Persistent link: https://www.econbiz.de/10011071476

Unemployment and Endogenous Reallocation over the Business Cycle

Carrillo-Tudela, Carlos; Visschers, Ludo - Institute for the Study of Labor (IZA) - 2013

labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …

Persistent link: https://www.econbiz.de/10010812034

Sorting and the Output Loss Due to Search Frictions

Gautier, Pieter; Teulings, Coen - Institute for the Study of Labor (IZA) - 2011

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs … rate of 4-6%. We find that without search frictions, output would be between 7.5% and 18.5% higher, depending on whether or …

Persistent link: https://www.econbiz.de/10008836673

Wage Posting or Wage Bargaining? Evidence from the Employers' Side

Brenzel, Hanna; Gartner, Hermann; Schnabel, Claus - Institute for the Study of Labor (IZA) - 2013

bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German …

Persistent link: https://www.econbiz.de/10010959640

The Relevance of Post-Match LTC: Why Has the Spanish Labor Market Become as Volatile as the US One?

Sala, Hector; Silva, José I. - Institute for the Study of Labor (IZA) - 2005

We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the …

Persistent link: https://www.econbiz.de/10005761648

Imperfect competition in the labour market

Manning, Alan - London School of Economics (LSE) - 2010

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/10010745736

Employment and Hours over the Business Cycle in a Model with Search Frictions

Kudoh, Noritaka; Miyamoto, Hiroaki; Sasaki, Masaru - Institute for the Study of Labor (IZA) - 2015

This paper studies a labor market search-matching model with multi-worker firms to investigate how firms utilize the …

Persistent link: https://www.econbiz.de/10011228303