In many countries, employment services are contracted out to private providers. However, there is little evidence on the contract design as well as on the effects of differential pricing on private provider performance. This paper contributes to the literature by presenting detailed information...

In den letzten Jahren hat sowohl die Anzahl der Studien zu den gesamtwirtschaftlichen Wirkungen von Arbeitsmarktinstitutionen als auch die Zahl der vorhandenen Indikatoren zur Messung dieser Institutionen sehr stark zugenommen. Gut zehn Jahre nach Nickells (1997) maßgeblichem Beitrag über den...

Wir zeigen empirisch, dass die konjunkturellen Schwankungen am Arbeitsmarkt in Deutschland höher sind als in den USA. Insbesondere ist die Volatilität von Arbeitsmarktvariablen (etwa der Vakanzen, der Arbeitsmarktanspannung oder der Wahrscheinlichkeit Arbeit zu finden) im Verhältnis zur...

This paper proposes a simple multi-industry trade model with search frictions in the labor market. Unimpeded access to global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry margin. Whether a country benefits from FDI in terms...

Many labor market models use both idiosyncratic productivity and a vacancy free entry condition. This paper shows that these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and vacancies on the other hand, which is observationally...

This paper investigates the role of mismatch between job seekers and job openings for the forecasting performance of a labor market matching function. In theory, higher mismatch lowers matching efficiency which increases the risk that the vacancies cannot be filled within the usual period of...

During the COVID-19 pandemic there were supply chain bottlenecks all over the world with regard to raw materials and intermediate products. In this article, we examine how these constraints affected labour market development. For an empirical panel analysis, we combine survey data and...

Recruitment behavior is important for thematching process in the labormarket. Using unique linked survey-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search effort, lower hiring standards and more generous wages....

Little is known so far about how the corona crisis has changed search processes in the labour market. We provide insights on labour market competition, reallocation of applications and potential sullying effects by analysing data from the LinkedIn professional network for Germany. We find that...

Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...