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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2022
This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric … movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative … tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state …
Persistent link: https://www.econbiz.de/10013185150
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Sectoral Shocks, Reallocation, and Labor Market Policies
Garcia-Cabo, Joaquin; Lipinska, Anna; Navarro, Gaston - 2023
-sector search and matching model with on-the-job human capital accumulation to study labor market policy responses to sector …
Persistent link: https://www.econbiz.de/10014263921
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - First version: April 2015. This version: February 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities … over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic …
Persistent link: https://www.econbiz.de/10011444082
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities … over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic …
Persistent link: https://www.econbiz.de/10011455340
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - 2016 - This Version: February 2016
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities … over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic …
Persistent link: https://www.econbiz.de/10011447126
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Beveridgean unemployment gap
Michaillat, Pascal; Saez, Emmanuel - In: Journal of public economics plus 2 (2021), pp. 1-17
This paper develops a sufficient-statistic formula for the unemployment gap-the difference between the actual unemployment rate and the efficient unemployment rate. While lowering unemployment puts more people into work, it forces firms to post more vacancies and to devote more resources to...
Persistent link: https://www.econbiz.de/10012800439
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Chapter 18 Job reallocation, employment fluctuations and unemployment
Mortensen, Dale T.; Pissarides, Christopher A. - In: Handbook of macroeconomics : volume 1, part B, (pp. 1171-1228). 1999
The purpose of this chapter is twofold. First, it reviews the model of search and matching equilibrium and derives the … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … built on the assumptions of a time-consuming matching technology that determines the rate of job creation given the …
Persistent link: https://www.econbiz.de/10014024227
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Business cycle asymmetries and the labor market
Kohlbrecher, Britta; Merkl, Christian - In: Journal of macroeconomics 73 (2022), pp. 1-26
Persistent link: https://www.econbiz.de/10013443950
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(Spillover) effects of labour market reforms in Germany and France
Fries, Claudia; Seymen, Atılım - 2013
countries - Germany and France - on the domestic and foreign economy. We test the implications of the gains in matching …
Persistent link: https://www.econbiz.de/10010432449
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Changes in labour market transitions in Ireland over the Great Recession: what role for policy?
Bergin, Adele; Kelly, Elish; McGuinness, Séamus - In: IZA journal of European Labor Studies 4 (2015) 9, pp. 1-18
This paper assesses the impact the Great Recession had on individuals' transitions to and from unemployment in Ireland. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from employment to unemployment increased. The results indicate that young...
Persistent link: https://www.econbiz.de/10010533278