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In the standard macroeconomic search and matching model of the labor market, there is a tight link between the …
Persistent link: https://www.econbiz.de/10011625891
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the …
Persistent link: https://www.econbiz.de/10012111816
Persistent link: https://www.econbiz.de/10012695604
Persistent link: https://www.econbiz.de/10011596040
Globalization has entered a new stage, with new and varying constellations of winners and losers and thus, calls for a new policy paradigm. In contrast to the traditional way of thinking - the welfare state redistributes purchasing power to the disadvantaged to support them in the event of...
Persistent link: https://www.econbiz.de/10010460018
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003827234
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003832116
Persistent link: https://www.econbiz.de/10008908097
Persistent link: https://www.econbiz.de/10003848271
Persistent link: https://www.econbiz.de/10003893987