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The Beveridge curve and labour market flows : a reinterpretation
Gottfries, Nils; Stadin, Karolina - 2019
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high unemployment makes it easier to fill vacancies....
Persistent link: https://www.econbiz.de/10012026458
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Collective versus decentralized wage bargaining and the efficient allocation of resources
Cai, Xiaoming; Gautier, Pieter; Watanabe, Makoto - 2015 - September 2012
An advantage of collective wage agreement is that search and business-stealing externalities can be internalized. A disadvantage is that it takes more time before an optimal allocation is reached because more productive firms (for a particular worker type) can no longer signal this by posting...
Persistent link: https://www.econbiz.de/10011309217
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Unemployment and endogenous reallocation over the business cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - 2020
This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational mobility and unemployment duration over the...
Persistent link: https://www.econbiz.de/10012219107
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Sorting and the output loss due to search frictions
Gautier, Pieter; Teulings, Coen N. - 2011
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the max-mean wage differential. The latter measure of...
Persistent link: https://www.econbiz.de/10009010505
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Unemployment and endogenous reallocation over the business cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - 2013 - This version: January 2013, First version: June 2010
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...
Persistent link: https://www.econbiz.de/10009691688
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Cyclical earnings, career and employment transitions
Carrillo-Tudela, Carlos; Visschers, Ludo; Wiczer, David - 2022
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013390926
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Social interactions, mechanisms, and equilibrium : evidence from a model of study time and academic achievement
Conley, Timothy G.; Mehta, Nirav; Stinebrickner, Ralph; … - 2018
We develop and estimate a model of student study time on a social network. The model is designed to exploit unique data collected in the Berea Panel Study. Study time data allow us to quantify an intuitive mechanism for academic social interactions: own study time may depend on friend study time...
Persistent link: https://www.econbiz.de/10011794843
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Friendship networks and political opinions : a natural experiment among future French politicians
Algan, Yann; Dalvit, Nicolò; Do, Quoc-Anh; Le … - 2023
differences in opinions by 40% of the standard deviation of opinion gap. The evidence is consistent with a homophily …
Persistent link: https://www.econbiz.de/10014427204
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Homophily and transmission of behavioral traits in social networks
Bhargava, Palaash; Chen, Daniel L.; Sutter, Matthias; … - 2023
other demographic characteristics (Jackson, 2010). We present novel evidence on an understudied source of homophily … than 2,500 French high-school students, we find high levels of homophily across all ten behavioral traits that we study …. Notably, the extent of homophily depends on similarities in demographic characteristics, in particular with respect to gender …
Persistent link: https://www.econbiz.de/10014250002
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The dynamics of networks and homophily
Jackson, Matthew O.; Nei, Stephen M.; Snowberg, Erik; … - 2023
, connections increase over time, but homophily on gender and ethnicity is relatively constant across time, university residences … layers. Furthermore, we see assortativity in homophilous tendencies. There is weaker, albeit significant, homophily over …
Persistent link: https://www.econbiz.de/10013486159