According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …

Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work …-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a … unemployed which offer a pathway to early retirement such as, Germany and Spain, older displaced workers exhibit lower re …

finding, and job filling within each country. This robust set of facts guides and disciplines the development of a theory of …

curve in a Markov-switching panel setting with time-varying transition probabilities for the US, Portugal and Spain using … structural indicators which could affect the matching efficiency in the labour market. The results show that the sharp outward …

According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …

output are driven by dispersion in regional or occupational productivity, tightness, and matching efficiency. We find …

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …