Narrow search
Showing 1 - 10 of 158
Cover Image
The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited
Hagedorn, Marcus; Manovskii, Iourii - In: American Economic Review 98 (2008) 4, pp. 1692-1706
Recently, a number of authors have argued that the standard search model cannot generate the observed business … standard model that uses data on the cost of vacancy creation and cyclicality of wages to identify the two key parameters …
Persistent link: https://www.econbiz.de/10005573164
Cover Image
Mismatch Unemployment
Ay?egül ?ahin; Song, Joseph; Topa, Giorgio; Violante, … - In: American Economic Review 104 (2014) 11, pp. 3529-64
We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources...
Persistent link: https://www.econbiz.de/10011014367
Cover Image
The Decline of Job Loss and Why It Matters
Davis, Steven J. - In: American Economic Review 98 (2008) 2, pp. 263-67
Persistent link: https://www.econbiz.de/10005237809
Cover Image
The Probability of Finding a Job
Shimer, Robert - In: American Economic Review 98 (2008) 2, pp. 268-73
Persistent link: https://www.econbiz.de/10005241163
Cover Image
On the Driving Forces behind Cyclical Movements in Employment and Job Reallocation
Haltiwanger, John; Davis, Steven J. - In: American Economic Review 89 (1999) 5, pp. 1234-1258
Theory restricts short-run job creation and destruction responses and cumulative employment and job reallocation responses to allocative and aggregate shocks. We formulate these restrictions and implement them for postwar data on U.S. manufacturing. Allocative shocks are the main driving force...
Persistent link: https://www.econbiz.de/10005821254
Cover Image
Specific Capital and Vintage Effects on the Dynamics of Unemployment and Vacancies
Eyigungor, Burcu - In: American Economic Review 100 (2010) 3, pp. 1214-37
In a reasonably calibrated Mortensen and Pissarides matching model, shocks to average labor productivity can account for a small portion of the fluctuations in unemployment and vacancies (Shimer (2005)). I add heterogeneity in jobs (matches) with respect to the time the job is created in the...
Persistent link: https://www.econbiz.de/10008542950
Cover Image
Labor-Market Dropouts and the Racial Wage Gap: 1940-1990
Chandra, Amitabh - In: American Economic Review 90 (2000) 2, pp. 333-338
Persistent link: https://www.econbiz.de/10005233539
Cover Image
Firm-Size Wage Differentials in Switzerland: Evidence from Job-Changers
Zweimuller, Josef; Winter-Ebmer, Rudolf - In: American Economic Review 89 (1999) 2, pp. 89-93
Persistent link: https://www.econbiz.de/10005821345
Cover Image
Tenure, Experience, Human Capital, and Wages: A Tractable Equilibrium Search Model of Wage Dynamics
Bagger, Jesper; Fran?ois Fontaine; Postel-Vinay, Fabien; … - In: American Economic Review 104 (2014) 6, pp. 1551-96
We develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation … search, within and between jobs. Human capital accumulation is largest for highly educated workers. The contribution from job … search to wage growth, both within- and between-job, declines over the first ten years of a career – the ‘job-shopping’ phase …
Persistent link: https://www.econbiz.de/10010777182
Cover Image
Price Indexes, Inequality, and the Measurement of World Poverty
Deaton, Angus - In: American Economic Review 100 (2010) 1, pp. 5-34
I discuss the measurement of world poverty and inequality, with particular attention to the role of purchasing power parity (PPP) price indexes from the International Comparison Project. Global inequality increased with the latest revision of the ICP, and this reduced the global poverty line...
Persistent link: https://www.econbiz.de/10008622175