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. This process is then assumed to follow a matching of equals among equals. Using rich data from Germany and Denmark we fully … confirm a matching on qualification levels for high-skilled employees, partially for medium-skilled employees but not for low …
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labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …
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I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
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the number of unemployed are not very important. Matching frictions are more important for employment during booms than …
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This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10003715729
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"This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...
Persistent link: https://www.econbiz.de/10003640774
Persistent link: https://www.econbiz.de/10003732291