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that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …
Persistent link: https://www.econbiz.de/10011568900
that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …
Persistent link: https://www.econbiz.de/10011588051
. The survival analysis indicates that the flows from/to employment to/from unemployment in Latvia are determined by the …
Persistent link: https://www.econbiz.de/10011890914
Monetary policy is conventionally understood to influence labor demand, with little effect on labor supply. We estimate the response of labor market flows to high-frequency changes in interest rates around FOMC announcements and Fed Chair speeches and find that, in contrast to the consensus...
Persistent link: https://www.econbiz.de/10014421195
How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and convex adjustment costs. From this model, we derive a...
Persistent link: https://www.econbiz.de/10010127990
Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …
Persistent link: https://www.econbiz.de/10011288771
-matching theory, job creation in a firm should depend on the availability of workers (unemployment) and on the number of job openings … of the search-matching theory. -- Job Creation ; Involuntary Unemployment ; Search-Matching ; Labor Demand …
Persistent link: https://www.econbiz.de/10003319548
-matching theory, job creation in a firm should depend on the availability of workers (unemployment) and on the number of job openings … of the search-matching theory. -- job creation ; involuntary unemployment ; search-matching ; labor demand …
Persistent link: https://www.econbiz.de/10003371770
According to search and matching theory, a greater availability of unemployed workers should make it easier for a firm to fill a vacancy but more vacancies at other firms should make recruitment more difficult. But what can we say about the expected magnitudes of these effects on firms’...
Persistent link: https://www.econbiz.de/10011373159
individual has been unemployed for 10 months, pointing to the existence of an unemployment stigma for Germany. The results are … evidence for an unemployment stigma determined by the contract type. …
Persistent link: https://www.econbiz.de/10011863974