Showing 1 - 10 of 2,725
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
the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …
Persistent link: https://www.econbiz.de/10012206513
The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …
Persistent link: https://www.econbiz.de/10013414379
Findings of prolonged non-employment spells due to more generous unemployment benefits are commonly seen as an indication of reduced job search effort and moral hazard behavior. However, to date, there is hardly any direct evidence of benefit-induced reductions in search effort. This paper...
Persistent link: https://www.econbiz.de/10011543920
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 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 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 conduct a field experiment to evaluate the effectiveness of labor market speeddates where unemployed workers meet …
Persistent link: https://www.econbiz.de/10011978388