Showing 1 - 10 of 32
We endogenize separation in a search model of the labor market and allow for bargaining over the continuation of …
Persistent link: https://www.econbiz.de/10010746228
The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …
Persistent link: https://www.econbiz.de/10011071476
We survey the microfoundations, empirical evidence and estimation issues underlying the aggregate matching function. Several microeconomic matching mechanisms have been suggested in the literature with some successes but none is generally accepted as superior to all others. Instead, an aggregate...
Persistent link: https://www.econbiz.de/10010745553
This paper is about the labour market consequences of creative destruction with on-the-job search. We consider a … allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …
Persistent link: https://www.econbiz.de/10010744813
A dynamic labor matching economy is presented, in which the unemployed are either entitled to unemployment insurance (UI) or unemployment assistance (UA), and the employees are either eligible for UI or UA upon future separations. Eligibility for UI requires a minimum duration of contributions...
Persistent link: https://www.econbiz.de/10010745099
We show in the framework of a new economic geography model that when labor is heterogenous and productivity depends on the quality of the match between job and worker, trade liberalization may lead to industrial agglomeration and inter-industry trade. The agglomeration force is the improvement...
Persistent link: https://www.econbiz.de/10010745739
Maternal employment formed a central plank in the former Labour Government’s strategy to reduce child poverty. Even where potential jobs were low-skilled and low-paid, policy was explicitly work (rather than training) first, and lone parents in particular were given direct and indirect...
Persistent link: https://www.econbiz.de/10010745816
A unifying theme in the literature on organizations such as public bureaucracies and private non-profits is the importance of missions, as opposed to profit, as an organizational goal. Such mission-oriented organizations are frequently staffed by motivated agents who subscribe to the mission....
Persistent link: https://www.econbiz.de/10010745867
We show in the context of a new economic geography model that when labor is heterogenous trade liberalization may lead to industrial agglomeration and inter-regional trade. Labor heterogeneity gives local monopoly power to firms but also introduces variations in the quality of the job match....
Persistent link: https://www.econbiz.de/10010746150
We develop an equilibrium directed search model of the labor market where workers can simultaneously apply for multiple … decreasing and higher wage firms receive more applications per vacancy. Unlike most models of directed search, the equilibria are …
Persistent link: https://www.econbiz.de/10010746275