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Minimally altruistic wages and unemployment in a matching model
Rotemberg, Julio - 2008
"This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10003640774
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Equilibrium labor turnover, firm growth and unemployment
Coles, Melvyn Glyn; Mortensen, Dale - 2012
Persistent link: https://www.econbiz.de/10009538086
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How sticky wages in existing jobs can affect hiring
Bils, Mark; Chang, Yongsung; Kim, Sun-bin - 2014
Persistent link: https://www.econbiz.de/10010239939
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Marginal jobs, heterogeneous firms, & unemployment flows
Elsby, Michael W. L.; Michaels, Ryan - 2008
Persistent link: https://www.econbiz.de/10003643079
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The consumption-tightness puzzle
Ravn, Morten O. - 2006
Persistent link: https://www.econbiz.de/10003360444
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The cyclical behavior of equilibrium unemployment and vacancies revisited
Hagedorn, Marcus; Manovskii, Iourii - 2008
Recently, a number of authors have argued that the standard search model cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation and cyclicality of wages to identify...
Persistent link: https://www.econbiz.de/10011604899
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Job displacement and the duration of joblessness : the role of spatial mismatch
Andersson, Fredrik; Haltiwanger, John C.; Kutzbach, Mark J. - 2014
Persistent link: https://www.econbiz.de/10010360086
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Mismatch unemployment
Şahin, Ayşegül; Song, Joseph; Topa, Giorgio; … - 2012
Persistent link: https://www.econbiz.de/10009580787
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What should I be when I grow up? : occupations and unemployment over the life cycle
Gervais, Martin; Jaimovich, Nir; Siu, Henry E.; … - 2014
Persistent link: https://www.econbiz.de/10010440114
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Money Talks
Hoerova, Marie - 2010
We study credible information transmission by a benevolent Central Bank. We consider two possibilities: direct … revelation through an announcement, versus indirect information transmission through monetary policy. These two ways of … transmitting information have very different consequences. Since the objectives of the Central Bank and those of individual …
Persistent link: https://www.econbiz.de/10013150973