Showing 1 - 10 of 388
Central bank governor changes in emerging markets may convey important signals about future monetary policy. Based on a new daily data set, this paper examines the reactions of foreign exchange markets, domestic stock market indices and sovereign bond spreads to central bank governor changes....
Persistent link: https://www.econbiz.de/10010275868
In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen … framework and the search-matching framework (eg. Pissarides, 1990). Second, it improves the correspondence between the …
Persistent link: https://www.econbiz.de/10010262429
We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run, there are only weak effects for blue collar workers...
Persistent link: https://www.econbiz.de/10010268695
This paper uses the search and matching framework to explore the impact of employed job search on the labour market …
Persistent link: https://www.econbiz.de/10010276889
relationship, including turnover, learning, matching, and hold up. It also considers labor market pooling from the perspective of …
Persistent link: https://www.econbiz.de/10011515046
This paper suggests that in the US context, workers tend to invest in general human capital especially since they face little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration of jobs) favors specific human capital investments....
Persistent link: https://www.econbiz.de/10011412475
This paper studies the effects of the high-speed internet expansion on the match quality of new hires. We combine data on internet availability at the local level with German individual register and vacancy data. Results show that internet availability has no major impact on the stability of new...
Persistent link: https://www.econbiz.de/10012418436
Persistent link: https://www.econbiz.de/10012298131
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014366741
Persistent link: https://www.econbiz.de/10014295217