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Matching with Couples : Stability and Incentives in Large Markets

Kojima, Fuhito - 2010

doctors and psychologists, because couples view pairs of jobs as complements. A stable matching may not exist when couples are … present. We find conditions under which a stable matching exists with high probability in large markets. We present a … mechanism that finds a stable matching with high probability, and which makes truth-telling by all participants an approximate …

Persistent link: https://www.econbiz.de/10013142940

Is Poland the Next Spain?

Caselli, Francesco - 2012

We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...

Persistent link: https://www.econbiz.de/10013101075

Covid-19 and SME Failures

Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021

We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...

Persistent link: https://www.econbiz.de/10013244116

The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the Us and Europe

Justiniano, Alejandro - 2012

We set-up a real business cycle model with search and matching frictions driven by several shocks, which nests full … probabilities observed in US, with mixed success in Europe. In contrast, matching shocks and job destruction shocks play a larger …

Persistent link: https://www.econbiz.de/10013114011

Employment, Wages and Voter Turnout

Charles, Kerwin Kofi - 2011

This paper argues that, since activities that provide political information are complementary with leisure, increased labor market activity should lower turnout, but should do so least in prominent elections where information is ubiquitous. Using official county-level voting data and a variety...

Persistent link: https://www.econbiz.de/10013121732

Labor Market, Financial Crises and Inflation : Jobless and Wageless Recoveries

Calvo, Guillermo A. - 2012

This paper uses a sample of 116 recession episodes in developed and emerging market economies to compare the labor-market recovery during financial crises with that of other recession episodes. It documents two new stylized facts. First, labor-market recovery from financial crises is...

Persistent link: https://www.econbiz.de/10013099123

Costly Labor Adjustment : Effects of China's Employment Regulations

Cooper, Russell - 2012

This paper studies the employment and productivity implications of new labor regulations in China. These new restrictions are intended to protect workers' employment conditions by, among other things, increasing firing costs and increasing compensation. We estimate a model of costly labor...

Persistent link: https://www.econbiz.de/10013108256

Housing Booms, Manufacturing Decline, and Labor Market Outcomes

Charles, Kerwin Kofi - 2013

We study the extent to which manufacturing decline and local housing booms contributed to changes in labor market outcomes during the 2000s, focusing primarily on the distributional consequences across geographical areas and demographic groups. Using a local labor markets design, we estimate...

Persistent link: https://www.econbiz.de/10013083797

Culture, Policies and Labor Market Outcomes

Giavazzi, Francesco - 2010

We study whether cultural attitudes towards gender, the young, and leisure are significant determinants of the evolution over time of the employment rates of women and of the young, and of hours worked in OECD countries. Beyond controlling for a larger menu of policies, institutions and...

Persistent link: https://www.econbiz.de/10013150553

The U.S. Labor Market During the Beginning of the Pandemic Recession

Cajner, Tomaz - 2020

Using weekly administrative payroll data from the largest U.S. payroll processing company, we measure the evolution of the U.S. labor market during the first four months of the global COVID-19 pandemic. After aggregate employment fell by 21 percent through late-April, employment rebounded...

Persistent link: https://www.econbiz.de/10012833753