Similar Search Results

Yashiv, Eran - Centre for Economic Performance, LSE - 2007

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

Persistent link: https://www.econbiz.de/10005670466

Labor and the Market Value of the Firm

Merz, Monika; Yashiv, Eran - Centre for Economic Performance, LSE - 2005

What role does labor play in a firm's market value? We explore this question using a production-based asset pricing model with frictions in the adjustment of both capital and labor. We posit that hiring of labor is akin to investment in capital and that the two interact, with the interaction...

Persistent link: https://www.econbiz.de/10005151028

U.S. Labor Market Dynamics Revisited

Yashiv, Eran - Centre for Economic Performance, LSE - 2007

The picture of U.S. labor market dynamics is opaque. Empirical studies have yielded contradictory findings and debates have emerged regarding their implications. This paper aims at clarifying the picture, which is important for the understanding of the operation of the labor market, for the...

Persistent link: https://www.econbiz.de/10005796121

Evaluating the Performance of the Search and Matching Model

Yashiv, Eran - Centre for Economic Performance, LSE - 2005

most of the key variables, as well as the negative co-variation of unemployment and vacancies. It offers a workable …

Persistent link: https://www.econbiz.de/10005797254

The Macroeconomic Role of Unemployment Compensation

Blumkin, Tomer; Hadar, Yossi; Yashiv, Eran - Centre for Economic Performance, LSE - 2009

The standard motivation for unemployment compensation is consumption smoothing and most papers in the literature have … distribution, showing how optimal unemployment compensation policy is affected by wages and affects them in turn. A key insight … for the design of the time path of unemployment compensation. …

Persistent link: https://www.econbiz.de/10005797298

Labor Search and Matching in Macroeconomics

Yashiv, Eran - Centre for Economic Performance, LSE - 2007

, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

Persistent link: https://www.econbiz.de/10005510441