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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10010277955
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10010278021
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An Incentive Theory of Matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004961441
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An Incentive Theory of Matching
Brown, Alessio J G; Merkl, Christian; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10005000439
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An Incentive Theory of Matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004992848
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Worker Churn and Employment Growth at the Establishment Level
Bachmann, Rüdiger - 2017
We study the relationship between employment growth and worker flows in excess of job flows (churn) at the … establishment level using the new German AWFP dataset spanning from 1975–2014. Churn is above 5 percent of employment along the … entire employment growth distribution and most pronounced at rapidly-adjusting establishments. We find that the patterns of …
Persistent link: https://www.econbiz.de/10012945246
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Wage and employment cyclicalities at the establishment level
Merkl, Christian; Stüber, Heiko - 2021
Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …
Persistent link: https://www.econbiz.de/10014393229
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Wage and employment cyclicalities at the establishment level
Merkl, Christian; Stüber, Heiko - 2021
wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby … cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical …
Persistent link: https://www.econbiz.de/10012619265
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Wage and employment cyclicalities at the establishment level
Merkl, Christian; Stüber, Heiko - 2021
wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby … cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical …
Persistent link: https://www.econbiz.de/10012626934
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Wage and employment cyclicalities at the establishment level
Merkl, Christian; Stüber, Heiko - 2023
Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …
Persistent link: https://www.econbiz.de/10014432211