The occupational skill structure depends on the business cycle if employers respond to shortages of applicants during upturns by lowering their hiring standards. The notion and relevance of hiring standards adjustment was advanced by Reder and investigated formally in a search-theoretic...

The occupational skill structure depends on the business cycle if employers respond to shortages of applicants during upturns by lowering their hiring standards. Devereux uses this implication to construct empirical tests for the notion of hiring standards adjustment (the so-called Reder...

Die Arbeitnehmer tragen einen großen Teil der finanziellen und sozialen Kosten der Rezession. Die Randbelegschaft aus Zeitarbeitern und befristet Beschäftigten ist höheren Risiken ausgesetzt. Viele Unternehmen setzen Arbeitszeitkonten zur Arbeitsplatzsicherung ein.

Since the so-called Hartz IV reforms around 2005 and during the global crisis of 2008/2009, the German labor market featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the role of structural and cyclical policies for this...