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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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Dynamics and endogeneity of firms' recruitment behaviour
Ehrenfried, Felix; Holzner, Christian - 2018
seekers and firms behave during the recruitment process. In this paper we identify new patterns about the recruitment … planned search period and decreases thereafter, why most applicants arrive early in the recruitment process, and why the …
Persistent link: https://www.econbiz.de/10011922087
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Recruitment policies, job-filling rates and matching efficiency
Carrillo-Tudela, Carlos; Gartner, Hermann; Kaas, Leo - 2020
Recruitment behavior is important for the matching process in the labor market. Using unique linked survey …-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search … directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model …
Persistent link: https://www.econbiz.de/10012219357
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Efficiency and labor market dynamics in a model of labor selection
Chugh, Sanjay K.; Merkl, Christian - 2015 - First draft: September 2010, This draft: August 9, 2015
This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10011306109
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Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2016
There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different underlying mechanisms. Obviously, it can be generated by...
Persistent link: https://www.econbiz.de/10011482505
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How effective are hiring subsidies to reduce long-term unemployment among prime-aged jobseekers? : evidence from Belgium
Desiere, Sam; Cockx, Bart - 2021
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a...
Persistent link: https://www.econbiz.de/10012625877
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The labor market impact of undocumented immigrants : job creation vs. job competition
Albert, Christoph - 2017
This paper explores the impact of undocumented as opposed to documented immigration in a model featuring search frictions and non-random hiring that is consistent with novel empirical evidence presented. In this framework, undocumented immigrants' wages are the lowest of all workers due to their...
Persistent link: https://www.econbiz.de/10011688026
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Hiring through referrals in a labor market with adverse selection
Dariel, Aurelie; Riedl, Arno; Siegenthaler, Simon - 2019
employers face uncertainty about the productivity of job candidates. We examine theoretically and with laboratory experiments … three key questions related to hiring via referrals when employees have private information about their productivity. First …
Persistent link: https://www.econbiz.de/10011997078
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Matching through search channels
Carrillo-Tudela, Carlos; Kaas, Leo; Lochner, Benjamin - 2023
-sided heterogeneity, multiple search channels and endogenous recruitment effort. The estimation reveals that networks are the most cost …
Persistent link: https://www.econbiz.de/10014427918
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Improving incentives in unemployment insurance : a review of recent research
Fredriksson, Peter; Holmlund, Bertil - 2003
This paper provides a review of the recent literature on how incentives in unemployment insurance (UI) can be improved. We are particularly concerned with three instruments, viz. the duration of benefit payments (or more generally the time sequencing of benefits), monitoring in conjunction with...
Persistent link: https://www.econbiz.de/10011507749