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Unemployment and endogenous reallocation over the business cycle

Carrillo-Tudela, Carlos; Visschers, Ludo - 2020

unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational … mobility and unemployment duration over the long run and business cycle. To interpret this evidence, we develop an analytically … countercyclical net occupational mobility, the large volatility of unemployment and the cyclical properties of the unemployment …

Persistent link: https://www.econbiz.de/10012228516

Cyclical earnings, career and employment transitions

Carrillo-Tudela, Carlos; Visschers, Ludo; Wiczer, David - 2022

This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...

Persistent link: https://www.econbiz.de/10013412799

Unemployment and endogenous reallocation over the business cycle

Carrillo-Tudela, Carlos; Visschers, Ludo - 2013

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

Persistent link: https://www.econbiz.de/10009683022

Equilibrium job turnover and the business cycle

Carrillo-Tudela, Carlos; Clymo, Alex; Coles, Melvyn Glyn - 2021

quit flows [churning] by workers across firms, as well as the persistence and volatility of unemployment and worker job …

Persistent link: https://www.econbiz.de/10012703053

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

Search and reallocation in the COVID-19 pandemic: evidence from the UK

Carrillo-Tudela, Carlos; Comunello, Camila; Clymo, Alex; … - 2021

employees are closely linked to changes in vacancies, and we also see ows from unemployment to inactivity peak at the same time …

Persistent link: https://www.econbiz.de/10012596017

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

Unemployment and vacancy dynamics with imperfect financial markets

Carrillo-Tudela, Carlos; Graber, Michael; Wälde, Klaus - 2015

. The aim of the paper is to analyse the transitional dynamics of unemployment and vacancies when financial constraints are … describes the transition path of unemployment and vacancies to their steady state values. We show that the transition path … downward sloping. This implies unemployment and vacancies adjust in opposite directions as observed in the data. When …

Persistent link: https://www.econbiz.de/10011388322