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Unemployment and Endogenous Reallocation over the Business Cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - Institute for the Study of Labor (IZA) - 2013
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …
Persistent link: https://www.econbiz.de/10010812034
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The Beveridge Curve
Yashiv, Eran - Institute for the Study of Labor (IZA) - 2006
underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …
Persistent link: https://www.econbiz.de/10005763504
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Disaggregate Matching Functions
Fahr, René; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2001
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10005762399
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A Test between Unemployment Theories Using Matching Data
Coles, Melvyn; Petrongolo, Barbara - Institute for the Study of Labor (IZA) - 2003
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …
Persistent link: https://www.econbiz.de/10005703056
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Measuring Heterogeneity in Job Finding Rates Among the Nonemployed Using Labor Force Status Histories
Kudlyak, Marianna; Lange, Fabian - Institute for the Study of Labor (IZA) - 2014
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10011094076
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Employee Referrals and Efficiency Wages
Kugler, Adriana D. - Institute for the Study of Labor (IZA) - 2002
Many workers believe that personal contacts are crucial for obtaining jobs in high-wage sectors. On the other hand, firms in high-wage sectors report using employee referrals because they help provide screening and monitoring of new employees. This paper develops a matching model that can...
Persistent link: https://www.econbiz.de/10005761815
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Hiring and Firing Costs, Adverse Selection and Long-term Unemployment
Kugler, Adriana D.; Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2000
In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …
Persistent link: https://www.econbiz.de/10005762182
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On-the-Job Search in a Matching Model with Heterogenous Jobs and Workers
Dolado, Juan J.; Jansen, Marcel; Jimeno, Juan F. - Institute for the Study of Labor (IZA) - 2003
This paper considers a matching model with heterogenous jobs (unskilled and skilled) and workers (low and high-educated) which allows for on-the-job search by mismatched workers. The latter are high-educated workers who transitorily accept unskilled jobs and continue to search for skilled jobs....
Persistent link: https://www.econbiz.de/10005233848
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On the Efficiency of Job Search with Social Networks
Cahuc, Pierre; Fontaine, François - Institute for the Study of Labor (IZA) - 2002
of different job search methods, conditional unemployment benefits hikes can improve welfare when individuals are risk …
Persistent link: https://www.econbiz.de/10005566458
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Characteristics of Unemployment Dynamics: The Chain Reaction Approach
Karanassou, Marika; Snower, Dennis - Institute for the Study of Labor (IZA) - 2000
The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as ‘ ‘ chain reactions’’ of responses to labor market shocks, working their way through systems of … construct aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal (depicting …
Persistent link: https://www.econbiz.de/10005703122