dynamic stochastic search-matching model with heterogeneous workers, where aggregate shocks to productivity fuel up the cycle …

In this study we develop and calibrate a search and matching model of the German labour market and analyze the impact …

labor market matching function. In theory, higher mismatch lowers matching efficiency which increases the risk that the … findings can be improved by a mismatch-enhanced labor market matching function. For this purpose, we construct so … der Prognosegüte der Matching-Funktion. Theoretisch sinkt die Matchingeffizienz mit höherem Mismatch, wodurch das Risiko …