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There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found … underlying mechanisms. Obviously, it can be generated by assuming a Cobb-Douglas matching function. Less obvious, the same … idiosyncratic productivity can explain the observed negative time trend in estimated matching efficiency and asymmetric business …
Persistent link: https://www.econbiz.de/10012988302
We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase …
Persistent link: https://www.econbiz.de/10012962923
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10013150804
business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …
Persistent link: https://www.econbiz.de/10013028533
We adapt the models of Menzio and Moen (2010) and Snell and Thomas (2010) to consider a labour market in which firms can commit to wage contracts but cannot commit not to replace incumbent workers. Workers are risk averse, so that there exists an incentive for firms to smooth wages. Real wages...
Persistent link: https://www.econbiz.de/10013058504
highlights three mechanisms for how internet use may affect reported sex crime, namely a reporting effect, a matching effect on …
Persistent link: https://www.econbiz.de/10013315898
highlights three mechanisms for how internet use may affect reported sex crime, namely a reporting effect, a matching effect on …
Persistent link: https://www.econbiz.de/10010556077
Since July 2004 the job search effort of long-term unemployed benefit claimants is monitored in Belgium. We exploit the discontinuity in the treatment assignment at the age of 30 to evaluate the effect of a notification sent at least 8 months before job search is verified. The threat of...
Persistent link: https://www.econbiz.de/10013135453
We develop and estimate a non-stationary job search model to evaluate a scheme that monitors job search effort and sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the unemployed to front-load search effort prior to...
Persistent link: https://www.econbiz.de/10013117785
all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …
Persistent link: https://www.econbiz.de/10013122129