Similar Search Results

Discount factor shocks and labor market dynamics

Albertini, Julien; Poirier, Arthur - 2014

In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements … that the canonical matching model under a very standard calibration is able to generate an important volatility of …

Persistent link: https://www.econbiz.de/10010374578

Matching efficiency and heterogeneous workers in the UK

Lisauskaitė, Elena - 2022

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

Labor Market Flows and Equilibrium Search Unemployment

Wasmer, Etienne; Garibaldi, Pietro - 2021

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …

Persistent link: https://www.econbiz.de/10013320711

Hysteresis in an Evolutionary Labor Market with Adaptive Search

Tesfatsion, Leigh - 2005

This study undertakes a systematic experimental investigation of hysteresis (path dependency) in an agent-based computational labor market framework. It is shown that capacity asymmetries between work suppliers and employers can result in two distinct hysteresis effects, network and behavioral,...

Persistent link: https://www.econbiz.de/10014064797

Search, flows, job creations and destructions

Cahuc, Pierre - 2014

This paper presents a short overview of dynamic models of labor markets with transaction costs. It shows that these models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage formation. It argues that this renewal provides a very...

Persistent link: https://www.econbiz.de/10010355704

The Job Search Intensity Supply Curve : How Labor Market Conditions Affect Job Search Effort

Schwartz, Jeremy S. - 2014

During the Great Recession of 2007, unemployment reached nearly 10 percent and the ratio of unemployment to open positions (as measured by the Help Wanted OnLine Index) more than tripled. The weak labor market prompted an unprecedented extension in the length of time in which a claimant can...

Persistent link: https://www.econbiz.de/10014142791

The Job Search Intensity Supply Curve : How Labor Market Conditions Affect Job Search Effort

Schwartz, Jeremy S. - 2014

Persistent link: https://www.econbiz.de/10013048461

The job search intensity supply curve : how labor market conditions affect job search effort

Schwartz, Jeremy - 2014

Persistent link: https://www.econbiz.de/10010403637

Separations at the firm level

Gautier, Pieter; Berg, Gerard J. van den; Ours, Jan C. van - 1999

This paper analyzes the determinants of lay-offs, job-to-job movements and totalseparations with a unique data set that combines information on individual firmsand their workers. We are in particular interested in whether the lay-offpolicy of firms can explain the relatively high level of...

Persistent link: https://www.econbiz.de/10011300551

Empirical Labor Search : A Survey

Eckstein, Zvi; van den Berg, Gerard J. - 2021

This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual characteristics. The starting points of the literature are...

Persistent link: https://www.econbiz.de/10013319635