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Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb …
Persistent link: https://www.econbiz.de/10010410222
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Worker churn and employment growth at the establishment level
Bachmann, Ruediger; Bayer, Christian; Merkl, Christian; … - 2017
We study the relationship between employment growth and worker flows in excess of job flows (churn) at the establishment level using the new German AWFP dataset spanning from 1975-2014. Churn is above 5 percent of employment along the entire employment growth distribution and most pronounced at...
Persistent link: https://www.econbiz.de/10011737495
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Countercyclical recruiting rates and the value of jobs
Yashiv, Eran - 2015
U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...
Persistent link: https://www.econbiz.de/10011346601
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The geography of job creation and job destruction
Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - 2021
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job …
Persistent link: https://www.econbiz.de/10012651396
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Minimum wage increases and vacancies
Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022
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 …
Persistent link: https://www.econbiz.de/10013187552
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011455340
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Testing for asymmetry in British, German and US unemployment data
Kohns, Stephan - 2001
asymmetries and compare the testing procedures. The results indicate that unemployment increases more quickly than it decreases …
Persistent link: https://www.econbiz.de/10011403213
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Large employers are more cyclically sensitive
Moscarini, Giuseppe; Postel-Vinay, Fabien - 2009
We provide new evidence that large firms or establishments are more sensitive than small ones to business cycle conditions. Larger employers shed proportionally more jobs in recessions and create more of their new jobs late in expansions, both in gross and net terms. The differential growth rate...
Persistent link: https://www.econbiz.de/10003810872
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Fewer jobs or smaller paychecks? : aggregate crisis impacts in selected middle-income countries
Khanna, Gaurav; Newhouse, David Locke; Paci, Pierella - 2011
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10009408899
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Does short-time work save jobs? : a business cycle analysis
Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - 2013
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10009763124