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This paper investigates spatial correlation in the matching process of vacant jobs and job seekers. The importance of … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … clusters of regions of particularly intense interregional matching, and examine the effects of German re-unification. After …
Persistent link: https://www.econbiz.de/10011412009
Persistent link: https://www.econbiz.de/10013382388
This paper addresses the large degree of frictional wage dispersion in US data. The standard job matching model without …-the-job search in a stochastic job matching model. Our key result is that the inclusion of variable on-the-job search increases the …
Persistent link: https://www.econbiz.de/10008662485
We develop an equilibrium model of on-the-job search with ex-ante heterogeneous workers and firms, aggregate uncertainty and vacancy creation. The model produces rich dynamics in which the distributions of unemployed workers, vacancies and worker-firm matches evolve stochastically over time. We...
Persistent link: https://www.econbiz.de/10009785890
This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social …
Persistent link: https://www.econbiz.de/10010340568
In this paper, an agent-based search and matching (ABSAM) model of a local labor market with heterogeneous agents and … an on-the-job search is developed, i.e. job seekers who vary in unemployment duration, skills levels and preferences … job placement agencies’ services, as well as minimum wage and unemployment benefits, considerably interact with and …
Persistent link: https://www.econbiz.de/10011557520
This paper develops a model of equilibrium unemployment with (unobservable) endogenous on-the-job search and (partly …. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies …
Persistent link: https://www.econbiz.de/10011412007
provide a framework with microeconomic foundations that give rise to matching frictions, which can be used to understand the … indeed, more frequently used aggregate matching technology. Existing differences turn out to be crucial for the empirical …
Persistent link: https://www.econbiz.de/10011414689
This paper assesses wage setting and wage dynamics in a search and matching framework where (i) workers and firms on …
Persistent link: https://www.econbiz.de/10014434270
Firms and workers predominately match via job postings, networks of personal contacts or the public employment agency, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search channels have differential effects on labor market...
Persistent link: https://www.econbiz.de/10014438511