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Revisiting the Matching Function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb …
Persistent link: https://www.econbiz.de/10010421141
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Revisiting the Matching Function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - Institute for the Study of Labor (IZA) - 2014
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb …
Persistent link: https://www.econbiz.de/10011103268
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The Beveridge Curve
Yashiv, Eran - Institute for the Study of Labor (IZA) - 2006
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding …
Persistent link: https://www.econbiz.de/10005763504
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Business Cycle Asymmetries and the Labor Market
Kohlbrecher, Britta; Merkl, Christian - 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...
Persistent link: https://www.econbiz.de/10011479334
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Countercyclical Recruiting Rates and the Value of Jobs
Yashiv, Eran - 2015
U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...
Persistent link: https://www.econbiz.de/10011401640
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Evaluating the performance of the search and matching model
Yashiv, Eran - 2006
high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …
Persistent link: https://www.econbiz.de/10010267305
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They are even larger! More (on) puzzling labor market volatilities
Gartner, Hermann; Merkl, Christian; Rothe, Thomas - 2009
vacancies) divided by the volatility of labor productivity is roughly twice as large as in the United States. We derive and …
Persistent link: https://www.econbiz.de/10010277960
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The Geography of Job Creation and Job Destruction
Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - 2021
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job …
Persistent link: https://www.econbiz.de/10012882367
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Minimum Wage Increases and Vacancies
Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022
percent increase in the state-level effective minimum wage reduces vacancies by 2.4 percent in the same quarter, and the … cumulative effect is as large as 4.5 percent a year later. The negative effect on vacancies is more pronounced for occupations …. We argue that our focus on vacancies versus on employment has a distinct advantage of highlighting a mechanism through …
Persistent link: https://www.econbiz.de/10013351793
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Separations, sorting and cyclical unemployment
Mueller, Andreas I. - 2012
This paper establishes a new fact about the compositional changes in the pool of unemployed over the U.S. business cycle and evaluates a number of theories that can potentially explain it. Using micro-data from the Current Population Survey for the years 1962-2011, it documents that in...
Persistent link: https://www.econbiz.de/10010289903