Narrow search
Showing 1 - 10 of 149
Cover Image
Inflation and Output Dynamics in a Model with Labor Market Search and Capital Accumulation
Heer, Burkhard; Maussner, Alfred - 2021
In a sticky-price model with labor market search and habit persistence, Walsh (2005) shows that inertia in the interest rate policy helps to reconcile the inflation and output persistence with empirical observations for the US economy. We show that this finding is sensitive with regard to the...
Persistent link: https://www.econbiz.de/10013316997
Cover Image
Recruitment Policies, Job-Filling Rates and Matching Efficiency
Carrillo-Tudela, Carlos - 2020
Recruitment behavior is important for the matching process in the labor market. Using unique linked survey … points to an important role of hiring standards for matching efficiency and for the impact of labor market policy, whereas …
Persistent link: https://www.econbiz.de/10012833745
Cover Image
Immigration and Worker-Firm Matching
Orefice, Gianluca - 2020
The process of matching between firms and workers is an important mechanism in determining the distribution of wages … association of firm-worker matches known as positive assortative matching (PAM). Immigration in a local labor market, by … that the increased degree of positive assortative matching is mainly reached by high-productive firms "losing" lower …
Persistent link: https://www.econbiz.de/10012838239
Cover Image
How Broadband Internet Affects Labor Market Matching
Bhuller, Manudeep - 2020
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …
Persistent link: https://www.econbiz.de/10012843439
Cover Image
Housing Search Frictions : Evidence from Detailed Search Data and a Field Experiment
Bergman, Peter - 2020
This paper shows that imperfect information about school quality causes low-income families to live in neighborhoods with lower-performing, more segregated schools. We randomized the addition of school quality information onto a nationwide website of housing listings for families with housing...
Persistent link: https://www.econbiz.de/10012841926
Cover Image
How Wage Announcements Affect Job Search - A Field Experiment
Belot, Michele - 2019
We study how job seekers respond to wage announcements by assigning wages randomly to pairs of otherwise similar vacancies in a large number of professions. High wage vacancies attract more interest, in contrast with much of the evidence based on observational data. Some applicants only show...
Persistent link: https://www.econbiz.de/10012892270
Cover Image
Optimal Stopping in a Dynamic Salience Model
Dertwinkel-Kalt, Markus - 2020
While many puzzles in static choices under risk can be explained by a preference for positive and an aversion toward negative skewness, little is known about the implications of such skewness preferences for decision making in dynamic problems. Indeed, skewness preferences might play an even...
Persistent link: https://www.econbiz.de/10012824830
Cover Image
Constrained Fixed Sample Search
Bonilla, Roberto - 2019
Persistent link: https://www.econbiz.de/10012866400
Cover Image
Local Search Markets and External Competition
Legros, Patrick - 2019
Increased competition tends to benefit all buyers with increasing product variety and decreasing prices. However, if local and external market channels compete for the same class of products, increased competition from the external market crowds out local variety. Under local monopoly, local...
Persistent link: https://www.econbiz.de/10012867876
Cover Image
Inconsistent Time Preferences and On-the-Job Search - When it Pays to Be Naive
Fahn, Matthias - 2019
We study optimal employment contracts for present-biased employees who can conduct on-the-job search. Presuming that firms cannot offer long-term contracts, we find that individuals who are naive about their present bias will actually be better off than sophisticated or time-consistent...
Persistent link: https://www.econbiz.de/10012871758