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This paper develops a Walrasian equilibrium theory of establishment level dynamics and matching frictions and uses it … to evaluate the effects of congestion externalities in the matching process and determine the government interventions …
Persistent link: https://www.econbiz.de/10010292153
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/10012661555
the number of unemployed are not very important. Matching frictions are more important for employment during booms than …
Persistent link: https://www.econbiz.de/10010321379
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs, until lay-off occurs, when this selection process starts over from scratch. We develop a simple methodology to test these predictions. Our inference uses two sources of...
Persistent link: https://www.econbiz.de/10011540616
Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Utilizing occupation-specific countylevel vacancy data from the Conference Board's Help Wanted Online for 2005-2018, we find that state-level minimum wage...
Persistent link: https://www.econbiz.de/10013373856
We document the consequences of losing a job across countries using a harmonized research design applied to seven matched employer-employee datasets. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal...
Persistent link: https://www.econbiz.de/10013394346
How are wages set in an open economy? What role is played by demand pressure, international competition, and structural factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the medium term evolution of real wages and competitiveness? To answer these...
Persistent link: https://www.econbiz.de/10010317904
used at layof fs in Sweden. Matching data on individual layof f notifications to administrative records, I find that …
Persistent link: https://www.econbiz.de/10014541057
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under … stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option …
Persistent link: https://www.econbiz.de/10010292209
This paper is concerned with the business cycle dynamics in search-and-matching models of the labor market when agents …
Persistent link: https://www.econbiz.de/10010292356