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U.S. CPS gross flows data indicate that in recessions firms actually increase their hiring rates from the pools of the unemployed and out of the labor force. Why so? The paper provides an explanation by studying the optimal recruiting behavior of the representative firm. This behavior is a...
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This article investigates the role of technology, education and wages in shaping the skill structure of employment … of the overall skill structure. Results document the role that different types of technological change, education, wages …
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The focus of this chapter is to consider new developments in the search and matching literature where wages, quit …
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Critics of the H-1B program for high-skilled workers argue that the program restricts immigrant job mobility and lacks a vehicle for adjusting the number of visas during a recession. We study the job mobility of highly-skilled Indian IT guest workers and provide new evidence on their inter-firm...
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