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show that both forces are at play. We conduct a natural field experiment where, in a randomly assigned part of a …
Persistent link: https://www.econbiz.de/10011090473
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The paper studies simple strategies of labor tax reform in a search and matching model of the labor market featuring …
Persistent link: https://www.econbiz.de/10011090457
Random matching models with different states are an important class of dynamic games; for example, money search models …
Persistent link: https://www.econbiz.de/10011090770
This paper stresses the importance of a specification of the matching function in which the measure of job matches … corresponds to the measure of job searchers. In many empirical studies on the matching function this requirement has not been … market. In this paper, we specify and estimate matching functions where the flow corresponds to the correct stock. We use …
Persistent link: https://www.econbiz.de/10011091232
search and matching in labor markets. More specifically, it takes a discretetime adaptation of the continuous-time matching … for topological chaos.The implication is that even in a simple economy characterized by search and matching frictions, an …
Persistent link: https://www.econbiz.de/10011091271
The paper explores the relationship between job flows and wages in the U.S. manufacturing sector, where wage differentials for seemingly identical workers and job reallocation rates are shown to be negatively correlated across 3-digit industries.High wage industries have the lowest turnover of...
Persistent link: https://www.econbiz.de/10011091515
: an individually rational matching is weakly stable if for every blocking pair one of themembers can find a more … attractive partner with whom he forms another blocking pair for the original matching. Our main result is that under the …
Persistent link: https://www.econbiz.de/10011091585
We explore the role of real wage dynamics in a New Keynesian business cycle model with search and matching frictions in …
Persistent link: https://www.econbiz.de/10011091590
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