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consistent with equilibrium matching models with or without endogenous sorting of workers into jobs providing entitlement to UBs … and stochastic job matching. -- Unemployment benefits ; job reallocation ; matching models …
Persistent link: https://www.econbiz.de/10003656941
Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression discontinuity in Austrian administrative data. A search model...
Persistent link: https://www.econbiz.de/10010517037
Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression discontinuity in Austrian administrative data. A search model...
Persistent link: https://www.econbiz.de/10013023002
strength of assortative matching. The basic intuition underlying our empirical strategy is that, in the presence of positive … (negative) assortative matching, good workers are more (less) likely to move to better firms than bad workers. Assuming that … matching is pervasive in the labor market. This result is in contrast with what we find from correlating the worker and firm …
Persistent link: https://www.econbiz.de/10010125811
, in speeding up the matching process between unemployed and vacant jobs. The analysis is conceptually rooted in the flow …-based view underlying the reforms, estimating the structural features of the matching process. The results indicate that the … reforms indeed had an impact in making the labor market more dynamic and accelerating the matching process …
Persistent link: https://www.econbiz.de/10012778974
This paper analyzes how the labor market adjusts to the Great Recession. To this aim, we use the data for Latvia, a country that has experienced one of the most severe recessions in Europe and a subsequent remarkable recovery. Employing longitudinal EU SILC data and a panel data set constructed...
Persistent link: https://www.econbiz.de/10011427677
This paper presents a short overview of dynamic models of labor markets with transaction costs. It shows that these models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage formation. It argues that this renewal provides a very...
Persistent link: https://www.econbiz.de/10010355704
model capture the possible shifts in the three conditions determining labor market equilibrium in any matching models … a shock to the efficiency of the matching process (search shock). The two former shocks generate a quite balanced …
Persistent link: https://www.econbiz.de/10010417964
We explore data from all transition economies over nearly two decades, providing insights on the mechanisms behind labor force reallocation. We show that worker flows between jobs in different industries are rare relative to the demographic flows of youth entry and elderly exit. The same applies...
Persistent link: https://www.econbiz.de/10011785669
This paper analyses the impact of the business cycle on labour market dynamics in EU member states and the US during the first decade of the 21st century. Using unique measures of labour market flows constructed from worker-level micro data, we examine to what extent macro shocks were...
Persistent link: https://www.econbiz.de/10011821431