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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
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
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …
Persistent link: https://www.econbiz.de/10012026458
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 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
During the last decade, the Austrian labour market experienced a substantial outward shift of the Beveridge curve. Using detailed administrative data on vacancies and registered unemployed by region and skill level, we test which factors caused this shift. We find that the Beveridge curve...
Persistent link: https://www.econbiz.de/10012514547
The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate …
Persistent link: https://www.econbiz.de/10011581219
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …
Persistent link: https://www.econbiz.de/10012156373
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...
Persistent link: https://www.econbiz.de/10011637591
This paper analyses the influence of the capital market on the labour market. Especially the impact of start-up financing on the structure of unemployment is of interest. We use a cross-country panel data analysis to examine how venture capital investment influences disaggre-gate unemployment....
Persistent link: https://www.econbiz.de/10011506487