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American technological creativity is geographically concentrated in areas that are generally distant from the country's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness? Could Federal policies disperse innovation without...
Persistent link: https://www.econbiz.de/10012479862
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012480613
the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …
Persistent link: https://www.econbiz.de/10012481928
Search theory suggests that early career job changes on balance lead to better matches that benefit both workers and firms, but this may not hold in teacher labor markets characterized by salary rigidities, barriers to entry, and substantial differences in working conditions that are difficult...
Persistent link: https://www.econbiz.de/10012462834
approach is based on a game-theoretic two-sided matching model and the estimation strategy employs the method of simulated …
Persistent link: https://www.econbiz.de/10012468819
Why is unemployment higher for younger individuals? We address this question in a frictional model of the labor market that features learning about occupational fit. In order to learn the occupation in which they are most productive, workers sample occupations over their careers. Because young...
Persistent link: https://www.econbiz.de/10012458037
workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …
Persistent link: https://www.econbiz.de/10012458196
This paper presents a new approach to the measurement of the effects of spatial mismatch that takes advantage of matched employer-employee administrative data integrated with a person-specific job accessibility measure, as well as demographic and neighborhood characteristics. The basic...
Persistent link: https://www.econbiz.de/10012458598
different establishments, and increasing assortativeness in the matching of workers to plants. We use the models to decompose …
Persistent link: https://www.econbiz.de/10012460138
We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources...
Persistent link: https://www.econbiz.de/10012460394