Showing 1 - 10 of 164
This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify … findings also show that the matching process is more difficult the higher the share of employees with intermediate levels of … matching include active labor market policies, such as incentives for start-up and job sharing programs. Passive labor market …
Persistent link: https://www.econbiz.de/10012977727
The paper explains how a country can fall into a quot;low-skill, bad-job trap,quot; in which workers acquire insufficient training and firms provide insufficient skilled vacancies. In particular, the paper argues that in countries where a large proportion of the workforce is unskilled, firms...
Persistent link: https://www.econbiz.de/10012774282
General Equilibrium (DSGE) model with endogenous migration flows, trade linkages, search and matching frictions, and skill … heterogeneity. I apply this framework to the case of the Greek emigration wave following the European Debt Crisis. What I find is …
Persistent link: https://www.econbiz.de/10014349765
The paper studies the employment effects of a deposit-refund scheme on labor in a simple search-theoretic model of the labor market. It is shown that if a firm pays a deposit to the government when it fires a worker, to be refunded when it employs the same or another worker, the vacancy rate...
Persistent link: https://www.econbiz.de/10013317967
I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing …
Persistent link: https://www.econbiz.de/10013305680
We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position along the curve reveals its preferences over the...
Persistent link: https://www.econbiz.de/10013110086
countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching … interest rate shocks, search-matching frictions increase future employment uncertainty, improving workers' incentive to save …
Persistent link: https://www.econbiz.de/10013098278
Amid total factor productivity (TFP) shocks job-to-job flows amplify the volatility ofunemployment, but the aggregate implications of job-to-job flows amid financial shocks are lessunderstood. To develop such understanding we model a general equilibrium labor-searchframework that incorporates...
Persistent link: https://www.econbiz.de/10012950419
to analyze how the effects of individual characteristics on job finding and separation rates contribute to heterogeneity … explaining heterogeneity of employment outcomes across age groups, while differences in finding rates are somewhat more important …
Persistent link: https://www.econbiz.de/10013491954
heterogeneity, which is robust and can deliver more than two-point wage distributions …
Persistent link: https://www.econbiz.de/10012783420