reforms in boosting the German economy. Considering that one of the main objectives of the reforms was to improve the matching … regarding the development of job-matching performance before and after the reform years. The results show that matching … controlling for the recession. Furthermore, increases in matching productivity have become smaller in recent years. Beyond these …

unemployment. Using a matching function approach, the author finds that such a shock implies an unemployment rate of no more than 7 …

question, we develop a model with vintage capital and search-matching frictions where irreversible investment in new vintages …