non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the … Ramsey government achieves efficient labor market volatility; doing so requires labor-income tax volatility that is orders of … order to understand optimal tax volatility. …

relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different … shock leads to more vacancy posting, a shift of the idiosyncratic selection cutoff and thereby more hiring. We calibrate a …

The value of land in the balance sheet of French firms correlates positively with their hiring and investment flows. To … land price shocks give rise to significant amplification and hump-shaped responses of investment, vacancies and …

Using the German IAB Job Vacancy Survey, we look into the black box of recruiting intensity and hiring practices from … the employers' perspective. Our paper evaluates three important channels for hiring - namely vacancy posting, the … selectivity of hiring (labor selection), and the number of search channels - through the lens of an undirected search model …

to show what part of the residual of the aggregate hiring function can be explained by the composition of vacancies. The …The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate … hires show how the hiring process differs across different groups of workers and of firms. Decompositions include employment …