Showing 1 - 10 of 11,483
, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …
Persistent link: https://www.econbiz.de/10003507060
Persistent link: https://www.econbiz.de/10009157870
, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …
Persistent link: https://www.econbiz.de/10003529502
Persistent link: https://www.econbiz.de/10002415325
Persistent link: https://www.econbiz.de/10002453843
Persistent link: https://www.econbiz.de/10003362004
The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
Persistent link: https://www.econbiz.de/10010360956
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of … free entry long lived vacancies and endogenous separations give rise to a vacancy depletion channel which we identify via … vacancy longevity for modeling and calibration, in particular regarding match cyclicality and wages. When calibrated to the …
Persistent link: https://www.econbiz.de/10012268078
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of … free entry long lived vacancies and endogenous separations give rise to a vacancy depletion channel which we identify via … vacancy longevity for modeling and calibration, in particular regarding match cyclicality and wages. When calibrated to the …
Persistent link: https://www.econbiz.de/10012269069
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 aggregate shocks move the hiring cutoff into a part...
Persistent link: https://www.econbiz.de/10013185150