Recently, Pissarides (2008) has argued that the standard search model with sunk fixed matching costs increases unemployment volatility without introducing an unrealistic wage response in new matches. We revise the role of matching costs and show that when these costs are not sunk and, therefore,...

This paper analyses the impact of the skill composition of migration flows on the host country's labour market in a specific-factors-two-sector model with heterogeneous labour (low, medium, and high skill) and price- and wage-setting behaviour. The low- and medium-skilled labour markets are...

This paper presents a collection of spatial econometrics tools to detect global and local spatial dependence. These tools are used to analyze the spatial structure of the unemployment rate in Argentina in Census 2001 and 2010. Detailed study enables identification and comparison of persistent...

We investigate the effects of US immigration on native workers in a search and matching environment that allows for skill heterogeneity, differential search cost, cross-skill matching and imperfect transferability of human capital across borders. We find that cross-skill matching benefits the...

The aim of this paper is to analyse the role of active labour market policies in Spain, focusing on the public employment service (PES), training, and employment incentives. Previously, the main features of unemployment subsidies and their connection to active policies is presented. The majority...

This paper analyses the impact of the skill composition of migration flows on the host country's labour market in a specific-factors-two-sector model with heterogeneous labour (low-, medium-, and high-skilled). We assume price-setting behaviour in both manufacturing and services sectors. The...

We analyze the impact of the skill-biased immigration influx that took place during the years 2000-2009 in the United States, within a search and matching model that allows for skill heterogeneity, differential search cost between immigrants and natives, capital-skill complementarity and...

This paper examines the main issues related to the labor market in Italy and indicates some possible solutions that do not focus exclusively on the flexibility of the labor market, but rather on the overall problem and the complexity of employment, with its economic dimension, but also social....

This paper examines the ‘aftermath effect’ of the new civil service pay policy on job satisfaction among teachers in Ghana. We explore an avalanche of job satisfaction theories and instruments to identify key concepts and variables in building a baseline conceptual and research model. The...

An extensive empirical literature has documented that workers with high tenure suffer large and persistent earnings losses when they get displaced. We study the reasons behind these losses in a tractable search model with a life-cycle dimension, endogenous job mobility, worker- and...