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Simultaneous search and network efficiency
Gautier, Pieter; Holzner, Christian - 2011
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...
Persistent link: https://www.econbiz.de/10009239488
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Two-tier labor markets in the great recession : France vs. Spain
Bentolila, Samuel; Cahuc, Pierre; Dolado, Juan J.; Le … - 2010
labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10008757525