Showing 1 - 10 of 3,411
models. We discuss estimation, policy evaluation with the estimated model, equilibrium model versions, and the decomposition …
Persistent link: https://www.econbiz.de/10010273738
This paper makes two contributions to the empirical matching literature. First, a recent study by Anderson and Burgess … (2000) testing for endogenous competition among job seekers in a matching frame-work, is replicated with a richer and more … 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
unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate …
Persistent link: https://www.econbiz.de/10010468124
unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less … depends crucially on the importance of mobility costs; (2) while higher homeownership may harm macroeconomic labour market …In this paper we investigate Oswald's hypothesis according to which higher homeownership rates increase aggregate …
Persistent link: https://www.econbiz.de/10010959797
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …
Persistent link: https://www.econbiz.de/10010276187
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10010261543
mobility, we use changes over time in firm- and age-specific labor demand as an instrument for displacement. We find that wage … job mobility may have biased previous U.S. studies finding permanent effects of early displacements. …
Persistent link: https://www.econbiz.de/10010262087
This paper investigates spatial correlation in the matching process of vacant jobs and job seekers. The importance of … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … clusters of regions of particularly intense interregional matching, and examine the effects of German re-unification. After …
Persistent link: https://www.econbiz.de/10010262709
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10010262387
Individual labour market transitions from unemployment into temporary work are often succeeded by a transition from … unemployment to temporary jobs and unobserved determinants of the transition rates. The data contain multiple spells in labour … unemployment and they substantially increase the fraction of unemployed workers who have regular work within a few years after …
Persistent link: https://www.econbiz.de/10010261994