Showing 1 - 10 of 2,490
This paper introduces an innovative test of search and matching models using the exogenous variation available in … experimental data. We take an off-the-shelf Pissarides matching model and calibrate it to data on the control group from a … randomized social experiment. We then simulate a program group from a randomized experiment within the model. As a measure of the …
Persistent link: https://www.econbiz.de/10003082102
We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search …
Persistent link: https://www.econbiz.de/10010418002
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
In recent decades most developed countries have experienced an increase in income inequality. In this paper, we use an equilibrium search framework to shed additional light on what is causing an income distribution to change. The major benefit of the model is that it can accommodate shocks to...
Persistent link: https://www.econbiz.de/10003941761
We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect … worker does not internalize the effect of his or her participation on average productivity. -- Search ; matching ; efficiency …
Persistent link: https://www.econbiz.de/10003830295
We build and analyze a new U.S. database that links 125 million applications to job vacancies and employer-side clients on Dice.com, an online platform for jobs and workers in software design, computer systems, engineering, financial analysis, management consulting, and other occupations that...
Persistent link: https://www.econbiz.de/10014507889
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using data for 16 countries from the European Social Survey...
Persistent link: https://www.econbiz.de/10010528571
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …
Persistent link: https://www.econbiz.de/10012158733
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10010339640
This paper studies the effects of the high-speed internet expansion on the match quality of new hires. We combine data on internet availability at the local level with German individual register and vacancy data. Results show that internet availability has no major impact on the stability of new...
Persistent link: https://www.econbiz.de/10012418436