worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …%, similar to the returns to schooling. Furthermore, VET appears to improve labour market opportunities through higher job … arrival rate and lower job destruction. Workers thus have large benefits from acquiring a VET degree …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

-skill complementarity in production, labour markets with skilled and unskilled workers and on-the-job-learning (OJL) within and across skill … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …

than natives. Therefore, immigration results in the creation of additional jobs but also generates more job competition …. Whether job creation or competition is the dominating effect depends on the size of the induced fall in expected wages paid by … and have a 7 pp higher job finding rate than documented immigrants. Parameterizing the model based on these estimates, I …

exporting firms triggers firm entry, reduces unemployment and increases wage dispersion in the on-the-job search model with …