Showing 1 - 10 of 30,878
levels. We estimate the structural parameters of a matching function generalised to incorporate crowding out effects. We use …
Persistent link: https://www.econbiz.de/10011412393
Despite the increasing focus on labour markets dynamics, little is known about either the quality of the underlying data or the appropriateness of the standard methodologies frequently used to analyse labour market dynamics in Europe (the retrospective and matched files approaches). This paper...
Persistent link: https://www.econbiz.de/10014169915
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014366741
processes governing the labor market, such as job search by individuals, and matching and bargaining among firms and potential …
Persistent link: https://www.econbiz.de/10001690372
characterization has been made when matching is parameterized by a Cobb--Douglas technology. For a canonical DMP model, I (1 …) characterize responses of unemployment to productivity changes for a general matching technology; and (3) show how a matching …
Persistent link: https://www.econbiz.de/10014348607
Primero enseñaremos que la (nueva) curva de Phillips diseñada por la escuela del «Nuevo Keynesianismo» se puede transformar fácilmente en una curva de Phillips «clásica». Teniendo en cuenta el «mismatch» en los mercados laborales, como lo describe la curva de Beveridge y combinando...
Persistent link: https://www.econbiz.de/10003961725
We show that equilibrium matching models imply that standard estimates of the matching function elasticities are … basic version of the matching function using aggregate U.S. data from the Job Openings and Labor Turnover Survey (JOLTS …) suggests that the bias is quantitatively important. -- matching function estimation ; unemployment ; vacancies ; job finding …
Persistent link: https://www.econbiz.de/10009309463
-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties … market. Additionally, endogenous matching sets fluctuate in response to shocks and amplify job-creation. Using a standard …, the firms' matching sets are wider in equilibrium than the workers' matching sets and fluctuate more in response to shocks. …
Persistent link: https://www.econbiz.de/10011280707
According to search and matching theory, a greater availability of unemployed workers should make it easier for a firm …
Persistent link: https://www.econbiz.de/10011373159
In this paper, an agent-based search and matching (ABSAM) model of a local labor market with heterogeneous agents and …
Persistent link: https://www.econbiz.de/10011557520