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Labor Market Dynamics under Long Term Wage Contracting
Rudanko, Leena - Society for Economic Dynamics - SED - 2006
This paper introduces risk averse workers into a search and matching model and considers the quantitative performance … search and matching models. …
Persistent link: https://www.econbiz.de/10005090796
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Asymmetric Information and Employment Fluctuations
Bruegemann, Bjoern; Moscarini, Giuseppe - Society for Economic Dynamics - SED - 2006
Shimer (2005) showed that a standard search and matching model of the labor market fails to generate fluctuations of …
Persistent link: https://www.econbiz.de/10005069277
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On-the-Job Search and Labor Market Reallocation
Tasci, Murat - Society for Economic Dynamics - SED - 2006
This paper studies amplification of productivity shocks in labor markets through on-the-job-search. There is incomplete … for on-the-job search. Amplification arises because productivity changes not only affect firms' probability of contacting …
Persistent link: https://www.econbiz.de/10005069313
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The dynamics of labor markets in Europe and the US: Specific skills or employment protection?
Delacroix, Alain; Wasmer, Etienne - Society for Economic Dynamics - SED - 2006
We argue that the main difference between European and American labor markets is not so much in the unemployment rates, but maybe more importantly in the reduced flows into and out of unemployment, in Europe. Employment protection legislations (EPL) have been extensively studied in the...
Persistent link: https://www.econbiz.de/10005051216
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Social Preferences and Labor Market Policy
Filges, Trine; Kennes, John; Tranaes, Torban - Society for Economic Dynamics - SED - 2006
We find that the main featues of labor policy across OECD countries can be explained by an equilibrium search model …
Persistent link: https://www.econbiz.de/10005051249
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On-the-job Search, Productivity Shocks, and the Individual Earnings Process
Postel-Vinay, Fabien; Turon, Helene - Society for Economic Dynamics - SED - 2006
capacity of a structural job search model with i.i.d. productivity shocks to replicate salient properties of these dynamics … job search model how the combined assumptions of on-the-job search and wage renegotiation by mutual consent act as a …
Persistent link: https://www.econbiz.de/10005051265
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Payments network in a search model of money
Martin, Antoine; Orlando, Michael; Skeie, David - Society for Economic Dynamics - SED - 2006
In a simple search model of money, we study a special kind of memory which gives rise to an arrangement resembling a …
Persistent link: https://www.econbiz.de/10004970315
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Stock-Flow Matching Model: A Quantitative Analysis
Shimer, Robert - Society for Economic Dynamics - SED - 2006
This paper extends Shimer's (2005) Mismatch model to allow for endogenous mobility. Rather than work directly in the original model, I use a related framework, the stock-flow matching model (Taylor, 1995; Coles and Muthoo, 1998). One of the contributions of this paper is therefore to compare the...
Persistent link: https://www.econbiz.de/10004977921
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On Flexibity and Productivity
Hobijn, Bart; Sahin, Aysegul - Society for Economic Dynamics - SED - 2006
We introduce a joint model of labor market search and firm size dynamics to explain the differential in labor market … search model by Mortensen and Pissarides (1994) and the model of the size distribution firms by Lucas (1978). Around this …
Persistent link: https://www.econbiz.de/10005069235
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Worker Reallocation and Labor Productivity Growth
Lentz, Rasmus; Mortensen, Dale T. - Society for Economic Dynamics - SED - 2006
This paper explores labor productivity growth in a Lentz and Mortensen (2005 a,b) model with labor market frictions
Persistent link: https://www.econbiz.de/10005069248