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Why don't firms hire young workers during recessions? : a replication of Forsythe (The Economic Journal, 2022)
Créchet, Jonathan; Cui, Jing; Sabada, Barbara; Sawyer, … - 2024
We replicate results of Forsythe (2022) studying the cyclicality of individuals' labor market transitions conditional on their experience. Using Current Population Survey (CPS) data and state-level variations in the unemployment rate, this paper shows that the hiring probability of youths is...
Persistent link: https://www.econbiz.de/10015073597
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Different Skill Levels and Firing Costs in a Matching Model with Uncertainty ? An Extension of Mortensen and Pissarides (1994)
Kohns, Stephan - 2021
A matching model in the line of Mortensen and Pissarides (1994) is augmented with a low-skill labor market and firing …
Persistent link: https://www.econbiz.de/10013321329
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Labour market dynamics in Germany : hirings, separations, and job-to-job transitions over the business cycle
Bachmann, Ronald (contributor) - 2005
In this paper, we provide a comprehensive overview of labour market dynamics in Western Ger- many by looking at gross worker flows. To do so, we use a subsample of the registry data collected by the German social security system, the IAB employment sample, for the time period 1975-2001. The...
Persistent link: https://www.econbiz.de/10003323028
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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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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 - 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 - 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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Investment-Specific Shocks and Cyclical Fluctuations in a Frictional Labor Market
Toledo, Manuel - 2012
search and matching frictions. We find that these shocks have a significant amplification effect on labor market fluctuations …
Persistent link: https://www.econbiz.de/10013109615
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The unemployed with jobs and without jobs
Hall, Robert E.; Kudlyak, Marianna - 2022
Potential workers are classified as unemployed if they seek work but are not working. The unemployed population contains two groups - those with jobs and those without jobs. Those with jobs are on furlough or temporary layoff. This group expanded tremendously in April 2020, at the trough of the...
Persistent link: https://www.econbiz.de/10013168892
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The blighted youth : the impact of recessions and policies on life-cycle unemployment
Lopez-Martin, Bernabe; Takayama, Naoki - 2015
We construct a theoretical model of labor markets with human capital accumulation to understand and quantify the earnings losses for young workers generated by unemployment: unemployment represents time forgone in terms of human capital accumulation, which adversely affects long-term income...
Persistent link: https://www.econbiz.de/10011389663