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Complementarity and Aggregate Implications of Assortative Matching : A Nonparametric Analysis

Graham, Bryan S. - 2009

, potentially complementary, input fixed. We introduce a class of such reallocations -- correlated matching rules -- that includes … the status quo allocation, a random allocation, and both the perfect positive and negative assortative matching …

Persistent link: https://www.econbiz.de/10012463788

Reassessing the Ins and Outs of Unemployment

Shimer, Robert - 2007

This paper uses readily accessible data to measure the probability that an employed worker becomes unemployed and the probability that an unemployed worker finds a job, the ins and outs of unemployment. Since 1948, the job finding probability has accounted for three-quarters of the fluctuations...

Persistent link: https://www.econbiz.de/10012465230

Measuring the Effects of Segregation in the Presence of Social Spillovers : A Nonparametric Approach

Graham, Bryan S. - 2010

In this paper we nonparametrically analyze the effects of reallocating individuals across social groups in the presence of social spillovers. Individuals are either 'high' or 'low' types. Own outcomes may vary with the fraction of high types in one's social group. We characterize the average...

Persistent link: https://www.econbiz.de/10012462158

Search and Rest Unemployment

Alvarez, Fernando - 2008

This paper extends Lucas and Prescott's (1974) search model to develop a notion of rest unemployment. The economy consists of a continuum of labor markets, each of which produces a heterogeneous good. There is a constant returns to scale production technology in each labor market, but labor...

Persistent link: https://www.econbiz.de/10012464874

Mismatch

Shimer, Robert - 2005

This paper develops a dynamic model of mismatch. Workers and jobs are randomly assigned to labor markets. Each labor market clears at each instant but some labor markets have more workers than jobs, hence unemployment, and some have more jobs than workers, hence vacancies. As workers and jobs...

Persistent link: https://www.econbiz.de/10012466783

High Wage Workers Work for High Wage Firms

Borovičková, Katarína - 2017

We develop a new approach to measuring the correlation between the types of matched workers and firms. Our approach accurately measures the correlation in data sets with many workers and firms, but a small number of independent observations for each. Using administrative data from Austria, we...

Persistent link: https://www.econbiz.de/10012453639

Identification and Efficiency Bounds for the Average Match Function under Conditionally Exogenous Matching

Graham, Bryan S. - 2016

. Consider the following matching mechanism: take a random draw from the `W=w_j` subgroup of the first population and match her … function (AMF), denote the expected output associated with this match. We show that (i) the AMF is identified when matching is … conditionally exogenous, (ii) conditionally exogenous matching is compatible with a pairwise stable aggregate matching equilibrium …

Persistent link: https://www.econbiz.de/10012456576