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This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10001612738
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10011403040
Unemployment has fallen substantially in virtually all EU8+2 countries since 2004 due to strong growth in labor demand. This labor demand growth has given rise to skill shortages and associated wage pressures, often amplified by out-migration. However, employment/working age population ratios...
Persistent link: https://www.econbiz.de/10014223468
a critical role in explaining regional disparities in productivity. In fact, we show that over 50% of the East …-West productivity gap is associated with a less efficient labor allocation in former East Germany. Yet, we also demonstrate that the … suggest that regional productivity differences could be substantially narrowed by a more efficient labor allocation among …
Persistent link: https://www.econbiz.de/10013503649
. Technology shocks are relatively important for variations in the transition rates, though they do not seem to trigger the high …
Persistent link: https://www.econbiz.de/10010336262
role of the labour market as a propagation mechanism for productivity shocks. -- worker flows ; accessions ; separations …
Persistent link: https://www.econbiz.de/10003323028
productivity shocks for new contacts. Large negative aggregate shocks move the hiring cutoff point into a part of the idiosyncratic …
Persistent link: https://www.econbiz.de/10011447126
productivity shocks for new contacts. Large negative aggregate shocks move the hiring cutoff point into a part of the idiosyncratic …
Persistent link: https://www.econbiz.de/10011455340
productivity shocks for new contacts. Large negative aggregate shocks move the hiring cutoff point into a part of the idiosyncratic …
Persistent link: https://www.econbiz.de/10011444082
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011916540