Showing 1 - 3 of 3
This paper studies optimal UI policy from the perspective of worker assignment to heterogenous jobs in an environment of random matching. Workers react to UI policy through job acceptance decisions; firms react to UI policy through wage posting. There is endogenous assortative matching as a...
Persistent link: https://www.econbiz.de/10005703461
, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …
Persistent link: https://www.econbiz.de/10005822179
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