Showing 1 - 10 of 537
One of the most important long-run trends in the U.S. labor market is polarization, defined as the relative growth of employment in high-skill jobs (such as management and technical positions) and low-skill jobs (such as food-service and janitorial work) amid the concurrent decline in...
Persistent link: https://www.econbiz.de/10010493670
Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve … (i.e. the negative correlation between unemployment and vacancies) and business cycle statistics jointly. This paper … builds upon the sectoral shock literature and combines its insights with the standard endogenous separation matching approach …
Persistent link: https://www.econbiz.de/10011453716
Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve … (i.e. the negative correlation between unemployment and vacancies) and business cycle statistics jointly. This paper … builds upon the sectoral shock literature and combines its insights with the standard endogenous separation matching approach …
Persistent link: https://www.econbiz.de/10011452403
This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and...
Persistent link: https://www.econbiz.de/10012782589
the effects of temporary and permanent sector-specific shocks in a New Keynesian matching model. We show that temporary … ; Matching ; Sectoral Productivity Shock …
Persistent link: https://www.econbiz.de/10003932599
Persistent link: https://www.econbiz.de/10009499805
This paper develops a dynamic Heckscher Ohlin Samuelson model with sector-specific human capital and overlapping generations to characterize the dynamics and welfare implications of gradual labor market adjustment to trade. Our model is tractable enough to yield sharp analytic results, that...
Persistent link: https://www.econbiz.de/10013007387
Arbeitsmarkt aber ist noch nicht einmal im sich bessernden Konjunkturverlauf eine rasche Belebung zu erwarten. Die Lage bleibt …
Persistent link: https://www.econbiz.de/10011692101
Arbeitsmarkt aber ist noch nicht einmal im sich bessernden Konjunkturverlauf eine rasche Belebung zu erwarten. Die Lage bleibt …
Persistent link: https://www.econbiz.de/10005046984
The U.S. economy has been going through a striking structural transformation - the secular reallocation of employment across sectors - over the past several decades. We propose a decomposition framework to assess the contributions of various margins of firm dynamics to this shift. Using...
Persistent link: https://www.econbiz.de/10011419841