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job search with liquid wealth accumulation and consumption of housing that can be rented, bought on credit, or sold. In … job search. More selective job searches deteriorate employment transitions: job finding and job-to-job transitions rates … using NLSY data from 1978 until 2005. We find that more relaxed housing lending conditions, particularly lower downpayment …
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Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
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This paper empirically tests the role of search frictions in driving qualification mismatches in the labor market … are more pervasive than in more developed economies. Moreover, frictions related to search costs are a crucial determinant …
Persistent link: https://www.econbiz.de/10011655864
make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …
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prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
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I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014366741