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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 …
Persistent link: https://www.econbiz.de/10012026458
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. …
Persistent link: https://www.econbiz.de/10012156373
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in longterm unemployment benefits using a heterogeneous-agent labor …
Persistent link: https://www.econbiz.de/10011936315
, employment, and mobility rates. Local skill remoteness captures the degree of dissimilarity between the skill profiles of the …
Persistent link: https://www.econbiz.de/10014444855
This paper assesses wage setting and wage dynamics in a search and matching framework where (i) workers and firms on …
Persistent link: https://www.econbiz.de/10014434270
Models of random search, directed search, or stock-ow matching differ substantially in the way they assume that job … behaviour of firms using the entropy balancing technique and argue that stock-flow matching models - if suitably amended by a …
Persistent link: https://www.econbiz.de/10011922087
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 …
Persistent link: https://www.econbiz.de/10014444876
generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …
Persistent link: https://www.econbiz.de/10012485370
We propose a theoretical explanation for the so-called "beauty premium". Our explanation is based entirely on search frictions and the fact that physical appearance plays an important role in attracting a marriage partner. We analyse the interaction between frictional labour and marriage markets...
Persistent link: https://www.econbiz.de/10010491716
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 …
Persistent link: https://www.econbiz.de/10010477900