Showing 1 - 10 of 11
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/10010262541
due to nominal, but mostly real wage rigidity is substantial. The extent of real rigidity rises with inflation, whereas … the opposite holds for nominal rigidity. Overall, the incidence of wage rigidity, which accelerates unemployment growth …, is most likely minimized in an environment with moderate inflation. …
Persistent link: https://www.econbiz.de/10010271824
accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …
Persistent link: https://www.econbiz.de/10010262525
the interactions of regional labor markets in West Germany is highlighted in several dimensions. We test for spatial … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … variation in unemployment rates, combined with little inter-regional migration. We find evidence in favor of labor market …
Persistent link: https://www.econbiz.de/10010262709
Experimental evidence has convincingly shown the existence of reciprocal inclinations, i.e., a tendency for people to respond in-kind to hostile or kind actions. Little is known, however, about: (i) the prevalence of reciprocity in the population, (ii) individual determinants of reciprocity,...
Persistent link: https://www.econbiz.de/10010267940
By applying a stochastic production frontier approach to the matching process of unemployed and vacancies, this paper provides novel detailed insights into the process of job creation. For different labor markets as defined by occupation and region, the methodology produces estimates of the...
Persistent link: https://www.econbiz.de/10010262694
This paper develops a model of equilibrium unemployment with (unobservable) endogenous on-the-job search and (partly …
Persistent link: https://www.econbiz.de/10010262710
This paper investigates whether risk preferences explain how individuals are sorted into occupations with different earnings variability. We exploit data from the German Socio-Economic Panel, which contains a subjective assessment of willingness to take risks whose behavioral relevance has been...
Persistent link: https://www.econbiz.de/10010267608
We investigate whether two crucial determinants of economic decision making willingness to take risks and willingness to trust other people are transmitted from parents to children. Our evidence is based on survey questions that ask about these attitudes directly, and are good measures in the...
Persistent link: https://www.econbiz.de/10010268066
Is the way that people make risky choices, or tradeoffs over time, related to cognitive ability? This paper investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the population and incentive compatible measures. We conduct...
Persistent link: https://www.econbiz.de/10010268405