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Variable search intensity in an economy with coordination unemployment

Kaas, Leo (contributor) - 2008

account for the empirical relation between the job-finding rate and the vacancy-unemployment ratio, provided that search costs … ; unemployment …

Persistent link: https://www.econbiz.de/10003755951

Wage formation between newly hired workers and employers : survey evidence

Hall, Robert Ernest (contributor); … - 2008

Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...

Persistent link: https://www.econbiz.de/10003769583

Efficient firm dynamics in a frictional labor market

Kaas, Leo; Kircher, Philipp - 2011

The introduction of firm size into labor search models raises the question how wages are set when average and marginal product differ. We develop and analyze an alternative to the existing bargaining framework: Firms compete for labor by publicly posting long- term contracts. In such a...

Persistent link: https://www.econbiz.de/10009125647

Recruitment policies, job-filling rates and matching efficiency

Carrillo-Tudela, Carlos; Gartner, Hermann; Kaas, Leo - 2020

Recruitment behavior is important for the matching process in the labor market. Using unique linked survey-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search effort, lower hiring standards and more generous...

Persistent link: https://www.econbiz.de/10012213824

Firm dynamics with frictional product and labor markets

Kaas, Leo; Kimasa, Bihemo - 2018

This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium model of heterogeneous firms who compete for workers and customers in frictional labor and product markets. Idiosyncratic productivity and demand shocks have distinct...

Persistent link: https://www.econbiz.de/10011896893

Matching through search channels

Carrillo-Tudela, Carlos; Kaas, Leo; Lochner, Benjamin - 2023

Firms and workers predominately match via job postings, networks of personal contacts or the public employment agency, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search channels have differential effects on labor market...

Persistent link: https://www.econbiz.de/10014423755

Job ladder and wealth dynamics in general equilibrium

Kaas, Leo; Lalé, Etienne; Siassi, Nawid - 2023

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/10014443876

A contribution to the empirics of reservation wages

Krueger, Alan B.; Müller, Andreas - 2014

This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …

Persistent link: https://www.econbiz.de/10010246658

The lot of the unemployed : a time use perspective

Krueger, Alan B. (contributor); Müller, Andreas (contributor) - 2008

have higher wage dispersion. We also examine the relationship between unemployment benefits and job search. -- Unemployment … ; job search ; time use ; unemployment benefits ; inequality …

Persistent link: https://www.econbiz.de/10003716529

Job search and unemployment insurance : new evidence from time use data

Krueger, Alan B. (contributor); Müller, Andreas (contributor) - 2008

50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …

Persistent link: https://www.econbiz.de/10003752850