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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
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 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
matching. …
Persistent link: https://www.econbiz.de/10014556614
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 examines how gender-specific application behaviour, firms' hiring practices, and flexibility demands relate to the gender earnings gap, using linked data from the German Job Vacancy Survey and administrative records. Women are less likely than men to apply to high-wage firms with high...
Persistent link: https://www.econbiz.de/10015371999
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
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