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elasticity of labor supply. Thus, our results uncover the previously undocumented power of words in the job matching process …
Persistent link: https://www.econbiz.de/10012985200
of the largest on-demand labor platforms, Amazon Mechanical Turk (MTurk), by measuring the elasticity of labor supply …
Persistent link: https://www.econbiz.de/10012924467
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 … contacts is an important driver of the elasticity of the job-finding rate with respect to market tightness. Accounting for …
Persistent link: https://www.econbiz.de/10011482505
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …
Persistent link: https://www.econbiz.de/10012026458
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/10011588051
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/10012219357
We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources...
Persistent link: https://www.econbiz.de/10013102714
In a seminal paper, Camerer, Babcock, Loewenstein, and Thaler (1997) find that the wage elasticity of daily hours of …
Persistent link: https://www.econbiz.de/10013045277
addition to vacancies, as they vary hires. Building from our evidence and a generalized matching function, we construct a new … matching function, delivers a better-fitting empirical Beveridge Curve, and accounts for a large share of fluctuations in … search, matching and hiring in the labor market …
Persistent link: https://www.econbiz.de/10013139283
We document the time-series of employment rates and hours worked per employed by married couples in the US and seven European countries (Belgium, France, Germany, Italy, the Netherlands, Portugal, and the UK) from the early 1980s through 2016. Relying on a model of joint household labor supply...
Persistent link: https://www.econbiz.de/10011919474