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We explore the determinants of job reallocation in this paper. A model which associates technological advances with the process of economic growth is analysed and extended. A consequence of this model is that innovation leads to the creation of new jobs and the destruction of older jobs...
Persistent link: https://www.econbiz.de/10009440295
This paper is concerned with the matching of job searchers with vacant jobs: a key component of the dynamics of worker reallocation in the labour market. The job searchers may be unemployed, employed or not in the labour force and we estimate matching or hiring functions including all three...
Persistent link: https://www.econbiz.de/10009440296