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wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …
Persistent link: https://www.econbiz.de/10012228177
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014366741
This paper quantifies the impact of the Hartz reforms on matching efficiency, using monthly SOEP gross worker flows … the outflow rate (job finding) has been steadily increasing. This indicates that matching efficiency has improved … substantially in recent years. Results from an estimated matching function — pointing to efficiency gains of more than 20 …
Persistent link: https://www.econbiz.de/10011390684
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...
Persistent link: https://www.econbiz.de/10010333564
Recently, a number of authors have argued that the standard search model cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation and cyclicality of wages to identify...
Persistent link: https://www.econbiz.de/10011604899
In many countries, Employment Protection Legislation (EPL) establishes different regulations for certain groups of workers who face more disadvantages in the labor market (young workers, women, unskilled workers, etc.) with the aim of improving their employability. Wellknown examples are the...
Persistent link: https://www.econbiz.de/10010273754
the number of unemployed are not very important. Matching frictions are more important for employment during booms than …
Persistent link: https://www.econbiz.de/10010321379
-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties … market. Additionally, endogenous matching sets fluctuate in response to shocks and amplify job-creation. Using a standard …, the firms' matching sets are wider in equilibrium than the workers' matching sets and fluctuate more in response to shocks. …
Persistent link: https://www.econbiz.de/10011280707
According to search and matching theory, a greater availability of unemployed workers should make it easier for a firm …
Persistent link: https://www.econbiz.de/10011373159
This paper quantifies the impact of the Hartz reforms on matching efficiency, using monthly SOEP gross worker flows … the outflow rate (job finding) has been steadily increasing. This indicates that matching efficiency has improved … substantially in recent years. Results from an estimated matching function - pointing to efficiency gains of more than 20 …
Persistent link: https://www.econbiz.de/10009687896