Showing 1 - 10 of 57,924
market dynamics. -- search ; matching ; U.S. labor market ; vacancies ; labor market flows ; business cycles …Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …
Persistent link: https://www.econbiz.de/10003322254
Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool … high volatility of most of the key variables, the negative co-variation of unemployment and vacancies, and the behavior of …
Persistent link: https://www.econbiz.de/10013318036
vacancies on the other hand, which is observationally equivalent to a constant return Cobb-Douglas function commonly used to … model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue …
Persistent link: https://www.econbiz.de/10010350860
vacancies on the other hand, which is observationally equivalent to a constant returns Cobb-Douglas function commonly used to … model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue …
Persistent link: https://www.econbiz.de/10010248216
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb … negative time trend in estimated matching functions. In addition, the full nonlinear combined model generates highly asymmetric …
Persistent link: https://www.econbiz.de/10010410222
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …
Persistent link: https://www.econbiz.de/10012651396
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also …
Persistent link: https://www.econbiz.de/10012663064
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor … disproportionately. Firms respond by posting additional vacancies, and the strength of the response is increasing in firm productivity …
Persistent link: https://www.econbiz.de/10014366741
We show that the inability of a standardly-calibrated labor search-and-matching model to account for labor market …
Persistent link: https://www.econbiz.de/10010251658
rates for Colombia for the period 1976 - 2012. The result is the first dataset capturing the evolution of vacancies for … between vacancies and unemployment with a structural change-an outward shift-around 1986. …
Persistent link: https://www.econbiz.de/10010466551