Narrow search
Showing 1 - 10 of 88
Cover Image
Marketmaking Middlemen
Gautier, Pieter A. - 2016
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode …. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a … our model, buyers and sellers can simultaneously search in an outside market and use the intermediation service. We show …
Persistent link: https://www.econbiz.de/10012984835
Cover Image
The Microstructure of the Great Export Collapse in German Manufacturing Industries, 2008/2009
Wagner, Joachim - 2012
This paper uses comprehensive high-quality panel data from official statistics for exporting enterprises to investigate the micro-structure of the recent export collapse in manufacturing industries in Germany during the crisis of 2008/2009. Almost all of the decline in exports was due to...
Persistent link: https://www.econbiz.de/10013109427
Cover Image
Part-Time Unemployment and Optimal Unemployment Insurance
Ek, Susanne - 2011
A significant fraction of the labor force consists of employed workers who are part-time unemployed (underemployed) in the sense that they are unable to work as much as they prefer. This paper develops a search and matching model to study the design of optimal unemployment insurance in an...
Persistent link: https://www.econbiz.de/10013128749
Cover Image
The Threat Effect of Participation in Active Labor Market Programs on Job Search Behavior of Migrants in Germany
Bergemann, Annette - 2011
Labor market programs may affect unemployed individuals' behavior before they enroll. Such ex ante effects may differ according to ethnic origin. We apply a novel method that relates self-reported perceived treatment rates and job search behavioral outcomes, such as the reservation wage or...
Persistent link: https://www.econbiz.de/10013129936
Cover Image
Sorting and the Output Loss Due to Search Frictions
Gautier, Pieter A. - 2011
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the max-mean wage differential. The latter measure of...
Persistent link: https://www.econbiz.de/10013130451
Cover Image
The Threat of Monitoring Job Search : A Discontinuity Design
Cockx, Bart - 2010
Since July 2004 the job search effort of long-term unemployed benefit claimants is monitored in Belgium. We exploit the discontinuity in the treatment assignment at the age of 30 to evaluate the effect of a notification sent at least 8 months before job search is verified. The threat of...
Persistent link: https://www.econbiz.de/10013135628
Cover Image
Business Cycle Dependent Unemployment Insurance
Andersen, Torben M. - 2010
The consequences of business cycle contingencies in unemployment insurance systems are considered in a search-matching model allowing for shifts between "good" and "bad" states of nature. We show that not only is there an insurance argument for such contingencies, but there may also be an...
Persistent link: https://www.econbiz.de/10013137522
Cover Image
Payroll Taxes, Social Insurance and Business Cycles
Burda, Michael C. - 2010
Payroll taxes represent a major distortionary influence of governments on labor markets. This paper examines the role of payroll taxation and the social safety net for cyclical fluctuations in a nonmonetary economy with labor market frictions and unemployment insurance, when the latter is only...
Persistent link: https://www.econbiz.de/10013138733
Cover Image
It's About Time : Implications of the Period Length in an Equilibrium Job Search Model
Wolthoff, Ronald P. - 2011
This paper analyzes the role of the period length in a search model of the labor market and argues that it has profound implications for the market equilibrium. In the model, job offers and job destruction shocks arrive according to a Poisson process in continuous time, but institutional factors...
Persistent link: https://www.econbiz.de/10013119736
Cover Image
Equilibrium Wage and Employment Dynamics in a Model of Wage Posting Without Commitment
Coles, Melvyn G. - 2011
A rich but tractable variant of the Burdett-Mortensen model of wage setting behavior is formulated and a dynamic market equilibrium solution to the model is defined and characterized. In the model, firms cannot commit to wage contracts. Instead, the Markov perfect equilibrium to the wage setting...
Persistent link: https://www.econbiz.de/10013121547