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The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …
Persistent link: https://www.econbiz.de/10013414379
"Of the typically cited agglomeration advantages labor market pooling receives strong empirical support - yet remains under-explored theoretically. This paper presents a model of human capital formation in an imperfectly competitive, pooled local labor market with heterogeneous workers and...
Persistent link: https://www.econbiz.de/10010592432
"Of the typically cited agglomeration advantages labor market pooling receives strong empirical support - yet remains under-explored theoretically. This paper presents a model of human capital formation in an imperfectly competitive, pooled local labor market with heterogeneous workers and...
Persistent link: https://www.econbiz.de/10005537139
. -- Wage Rigidity ; Search and Matching Model ; Business Cycle …
Persistent link: https://www.econbiz.de/10003827155
/DiNardo, 1991) or a matching model with on-the-job search and cyclical selection (Hagedorn/Manovskii, 2013). The data suggests that …
Persistent link: https://www.econbiz.de/10011544266
Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and present labor market conditions. Furthermore, we revisit recent findings of greater wage cyclicality of new hires. Overall, we find strong evidence for history dependent wages,...
Persistent link: https://www.econbiz.de/10012027613
understanding unemployment fluctuations in matching models. …
Persistent link: https://www.econbiz.de/10011756338
high match-specific productivity. The key implications of our model hold in data from the NLSY79, where information about …
Persistent link: https://www.econbiz.de/10012947375
The main emphasis of this article is focused on the growing problem of structural unemployment in selected group of transition countries. Namely, if a certain region has a greater degree of unemployment rate than the frictional one, and if another region shows greater number of available...
Persistent link: https://www.econbiz.de/10013081316
This study investigates the causal effects of education on individuals' transitions between employment and unemployment, with particular focus on the extent to which education improves re-employment outcomes among unemployed workers. Given that positive correlations between education and labour...
Persistent link: https://www.econbiz.de/10013128216