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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
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Public Employment Agency Reform, Matching Efficiency, and German Unemployment
Merkl, Christian; Sauerbier, Timo - 2023
Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the … restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … workers reduced unemployed by 0.8 percentage points. Through the lens of an aggregate matching function, more activation is …
Persistent link: https://www.econbiz.de/10014358809
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Sectoral Okun's Law and Cross-Country Cyclical Differences
Goto, Eiji - 2020
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...
Persistent link: https://www.econbiz.de/10012841145
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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
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The Effects of Financial Aid on Graduation and Labor Market Outcomes : New Evidence from Matched Education-Labor Data
Rattini, Veronica - 2022
skills matching …
Persistent link: https://www.econbiz.de/10014243160
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Longevity, Retirement and Intra-Generational Equity
Hougaard Jensen, Svend E. - 2019
We find that segments of society who have shorter life expectancy can expect a lower retirement income and lifetime utility due to the longevity of other groups participating in the same pension scheme. Linking retirement age to average life expectancy magnifies the negative effect on the...
Persistent link: https://www.econbiz.de/10012866873
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Wages, Skills, and Skill-Biased Technical Change : The Canonical Model Revisited
Bowlus, Audra; Robinson, M. Chris; Lochner, Lance; … - 2021
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10013217553
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Hartz IV and the Decline of German Unemployment : A Macroeconomic Evaluation
Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2021
This paper proposes a new approach to evaluate the macroeconomic effects of the “Hartz IV” reform, which reduced the generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10013239563
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Does Public Employment Affect Household Saving Rates? Evidence from Chinese Household Data
Xu, Can; Steiner, Andreas - 2022
This paper investigates the impact of public employment on household saving rates in China using representative household-level data. After controlling for a series of variables such as income, risk attitude, financial literacy, and demographic factors, we show that households headed by public...
Persistent link: https://www.econbiz.de/10013289689
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COVID-Induced School Closures in the US and Germany : Long-Term Distributional Effects
Fuchs-Schündeln, Nicola - 2022
Almost all countries worldwide closed schools at the outbreak of the Covid-19 crisis. I document that schooling time dropped on average by -55% in the US and -45% in Germany from the onset of the crisis to the summer of 2021. In the US, schools were closed longer in richer than in poorer areas,...
Persistent link: https://www.econbiz.de/10013291960