Narrow search
Showing 1 - 10 of 257
Cover Image
Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
Many labor market models use both idiosyncratic productivity and a vacancy free entry condition. This paper shows that these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and vacancies on the other hand, which is observationally...
Persistent link: https://www.econbiz.de/10010350860
Cover Image
Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
Many labor market models use both idiosyncratic productivity and a vacancy free entry condition. This paper shows that these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and vacancies on the other hand, which is observationally...
Persistent link: https://www.econbiz.de/10010248216
Cover Image
Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014
This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...
Persistent link: https://www.econbiz.de/10010410222
Cover Image
Revisiting the Matching Function
Kohlbrecher, Britta - 2014
This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...
Persistent link: https://www.econbiz.de/10013046221
Cover Image
Wage and Employment Cyclicalities at the Establishment Level
Merkl, Christian; Stueber, Heiko - 2021
cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical … wages. We estimate a negative connection between establishments’ wage cyclicality and their employment cyclicality, thereby …
Persistent link: https://www.econbiz.de/10013212779
Cover Image
Wage and employment cyclicalities at the establishment level
Merkl, Christian; Stüber, Heiko - 2021
calibration target for a macro labor market flow model with heterogeneous wage dynamics that nests the standard search and … search and matching models. Furthermore, we show that acyclical and countercyclical wage establishments are key drivers for …
Persistent link: https://www.econbiz.de/10014393229
Cover Image
Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2016
There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different underlying mechanisms. Obviously, it can be generated by...
Persistent link: https://www.econbiz.de/10011482505
Cover Image
Revisiting the matching function
Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2016
There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different underlying mechanisms. Obviously, it can be generated by...
Persistent link: https://www.econbiz.de/10011477306
Cover Image
Revisiting the Matching Function
Kohlbrecher, Britta - 2016
There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different underlying mechanisms. Obviously, it can be generated by...
Persistent link: https://www.econbiz.de/10012988302
Cover Image
Recruiting Intensity and Hiring Practices : Cross-Sectional and Time-Series Evidence
Lochner, Benjamin - 2020
Using the German IAB Job Vacancy Survey, we look into the black box of recruiting intensity and hiring practices from … selectivity of hiring (labor selection), and the number of search channels— through the lens of an undirected search model …. Vacancy posting and labor selection show a U-shape over the employment growth distribution. The number of search channels is …
Persistent link: https://www.econbiz.de/10012823305