Between 1979 and 2009, the German labour market moved along a Beveridge curve with changing slope that usually shifted outwards but once inwards. We employ an unobserved components model to simultaneously disentangle permanent and transitory components of matching efficiency and separation rate...

This paper analyses job separations in Germany using data from the German Socio-Economic Panel spanning from 1984 to 2003. Based on detailed reasons for job separation and different SOEP samples, the paper attempts to establish the nature of job separations in Germany. It brings to light some...

This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...

This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...

Wir zeigen empirisch, dass die konjunkturellen Schwankungen am Arbeitsmarkt in Deutschland höher sind als in den USA. Insbesondere ist die Volatilität von Arbeitsmarktvariablen (etwa der Vakanzen, der Arbeitsmarktanspannung oder der Wahrscheinlichkeit Arbeit zu finden) im Verhältnis zur...

In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen (2000) to allow for different offer arrival rates in employment and unemployment. The model by Mortensen changes the original wage posting model (Burdett and Mortensen, 1998) in...

We propose a novel methodology to uncover the sorting pattern in the labor market. Our methodology exploits the additional information contained in profits, which complements the information from wages and transitions typically used in previous work. We identify the strength of sorting solely...

Economists have long been interested in analyzing entries and exits of establishments. In many countries administrative datasets provide an excellent source for detailed analysis on a fine and disaggregate level. However, administrative datasets are not without problems: restructuring and...

This paper provides detailed empirical evidence on the scope of mismatch in Germany in the past decade, using a comprehensive administrative data set that allows for disaggregation at the levels of industry, occupation and region. The findings suggest that regional mismatch did not play an...

We propose a simple test that uses information on workers' mobility, wages and firms' profits to identify the sign and strength of assortative matching. The basic intuition underlying our empirical strategy is that, in the presence of positive (negative) assortative matching, good workers are...