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While the matching function relates hirings (H) to vacancies (V) and unemployment, the duration function relates the … average duration of vacancies as measured by V/H to unemployment. Shifts of the duration function are equivalent to shifts of … unemployment, have no direct effects on hirings. Second, the effect of longer recruitment times on hirings through higher …
Persistent link: https://www.econbiz.de/10005644745
vacancies divided by the number of hirings per month. Second, measure direct effects of recruitment times on employment by …How can vacancy statistics be used to measure friction in job matching and the effects of friction on unemployment …? First, measure deviations from instantaneous hirings by the average duration of recruitment as measured by the number of job …
Persistent link: https://www.econbiz.de/10008469618
vacancies on the other hand, which is observationally equivalent to a constant returns Cobb-Douglas function commonly used to …
Persistent link: https://www.econbiz.de/10010886896
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding …
Persistent link: https://www.econbiz.de/10005670466
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding …
Persistent link: https://www.econbiz.de/10005763504
Firms create ‘vacancies’ in one sense (recruitment processes) in order to avoid ‘vacancies’ in another sense (unmet …
Persistent link: https://www.econbiz.de/10005190518
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding …
Persistent link: https://www.econbiz.de/10010744873
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb …
Persistent link: https://www.econbiz.de/10011103268
empirical Beveridge curve for the 2005 : M1-2013 : M2 period posits a negative relationship between unemployment and vacancies …. When the sample period is divided into sub-periods around the recent global financial crisis, the unemployment-vacancies …
Persistent link: https://www.econbiz.de/10010941516
This paper contributes to the debate concerning the micro-foundation of matching functions in frictional labor markets. The focus is on a particular matching regime, i.e., the so-called urn-ball process. It is shown that in a two-sector economy, even in the presence of heterogeneous workers, the...
Persistent link: https://www.econbiz.de/10010956146