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. Instead, there are few vacancies when unemployment is high because there is a low …

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi … unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … to avoid elevated unemployment rates during the transition. …

unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …

job-to-job mobility, independent of the job-offer distribution and other labor-market parameters. Applying our methodology … transitions or compensating differentials - can reconcile our results with the job-to-job mobility seen in the data. Regardless of …

This paper assesses wage setting and wage dynamics in a search and matching framework where (i) workers and firms on …

consequences of job loss. We further analyze the impact of unemployment insurance and progressive taxation for labor market … dynamics and aggregate economic activity via capital, employment and labor efficiency channels. Lower unemployment benefits or …

This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities … over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic … density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

business cycle model with search and matching frictions. We extend the canonical model by including capital … types. We first find that, the model does a good job at matching the cyclical properties of sectoral employment and the wage …