, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. …

employment, wages and labor market sorting, we structurally estimate an equilibrium job ladder model featuring two …

percent increase in the state-level effective minimum wage reduces vacancies by 2.4 percent in the same quarter, and the … cumulative effect is as large as 4.5 percent a year later. The negative effect on vacancies is more pronounced for occupations …. We argue that our focus on vacancies versus on employment has a distinct advantage of highlighting a mechanism through …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

from the leading job board CareerBuilder.com, we show that most vacancies do not post wages, and, for those that do, job …How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data … titles explain more than 90% of the wage variance. Job titles also explain more than 80% of the across-vacancies variance in …

economic conditions at the time of hiring on future wages. Measured by the labor's user cost, the price of labor is …

This paper studies how minimum wages affect the wage distribution if firms face financial constraints. Using German … minimum wages when firms are financially constrained. We introduce financial frictions into a search and matching labor market …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment … not firms can ex ante commit to wage payments. -- search ; sorting ; wage dispersion ; on-the-job search ; unemployment …