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This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
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We build a RBC endogenous separation matching model and introduce efficiency wages along the lines of Akerlof (1982). While the standard endogenous separation matching model reveals shortcomings in explaining correlations and volatilities jointly, this approach performs reasonably well along...
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"This paper examines how the Internet has impacted job search behavior. Examining those who use the Internet for job seeking purposes, I show that the vast majority are currently employed. These employed job seekers are more likely to leave their current employer and are more likely to make an...
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