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The U.S. economy is recovering from the financial crisis and ensuing deep recession, but the unemployment rate has remained stubbornly high. Some have argued that the persistent elevation of unemployment relative to historical norms reflects the fact that the shocks that hit the economy were...
Persistent link: https://www.econbiz.de/10013122681
between compositional factors (eg, differences in industry and employment composition across foreign and domestic firms) and … growth among foreign-owned firms. These premia appear to be specific to foreign-firm employment, as workers who return to …
Persistent link: https://www.econbiz.de/10013045009
We examine the correlates of reported hiring difficulties at the firm level using linked employer-employee and panel survey data over 2005-2011, focussing on the relative influence of firm-level characteristics, persistence, the business cycle and local labour market liquidity. At both the...
Persistent link: https://www.econbiz.de/10013077315
employment declining by 2.5 percent between 2008q4 and 2009q4. Job and worker turnover rates both declined, signalling a …, 2012). The current paper documents the extent and composition of employment change between 2000 and 2011, focusing on the … and earnings level, the sensitivity of employment growth and labour market flows to aggregate employment fluctuations and …
Persistent link: https://www.econbiz.de/10013061924
employment rate (or high female labour force participation rate); (4) a smaller proportion of the population stating ethnicities …
Persistent link: https://www.econbiz.de/10014078008
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … further dualization of labour markets given that risks are allocated unequally across types of employment …
Persistent link: https://www.econbiz.de/10013135827
This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...
Persistent link: https://www.econbiz.de/10013046221
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding across countries. The position of the economy on the curve gives an idea as to the state of the labour market. The modern underlying theory is the search and matching model, with...
Persistent link: https://www.econbiz.de/10013317304
In this paper, the framework of the aggregated Beveridge curve is used to investigate the effectiveness of the job matching process using German regional labour market data. For a fixed matching technology, the Beveridge curve postulates a negative relationship between the unemployment rate and...
Persistent link: https://www.econbiz.de/10013317619
We propose that the rate of creation and failure of start-up firms can be modelled as a search and matching process, following labor market matching models. Setting out an endogenous growth model with entrepreneurship we derive a Entrepreneurship Beveridge Curve, through which we illustrate that...
Persistent link: https://www.econbiz.de/10012997458