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Modelling monospony on the labor market with separable matching models

Corblet, Pauline; Dupuy, Arnaud - 2024

We model monopsony on the labor market using a separable matching model a la Choo and Siow (2006). We propose a simple …

Persistent link: https://www.econbiz.de/10015162760

Matching for three: big data evidence on search activity of workers, firms, and employment service

Hartl, Tobias; Hutter, Christian; Weber, Enzo - 2021

Federal Employment Agency and its internal placement-software. We use these data to estimate an enhanced matching function …

Persistent link: https://www.econbiz.de/10012419385

Matching with externalities

Pycia, Marek; Yenmez, M. Bumin - 2021

We incorporate externalities into the stable matching theory of two-sided markets. Extending the classical substitutes …. We show that substitutability is a necessary condition for the existence of a stable matching in a maximal-domain sense … and provide a characterization of substitutable choice functions. In addition, we extend the standard insights of matching …

Persistent link: https://www.econbiz.de/10012584081

Does online search improve the match quality of new hires?

Gürtzgen, Nicole; Lochner, Benjamin; Pohlan, Laura; … - 2021

This paper studies the effects of the high-speed internet expansion on the match quality of new hires. We combine data on internet availability at the local level with German individual register and vacancy data. Results show that internet availability has no major impact on the stability of new...

Persistent link: https://www.econbiz.de/10012432263

Optimal growth with labor market frictions

Guerrazzi, Marco - In: International journal of economic theory 19 (2023) 4, pp. 961-987

Persistent link: https://www.econbiz.de/10014440166

Downstream Competition and Upstream Labor Market Matching

Chen, Bo - 2019

it as a two-stage game: A first stage of simultaneous 1-to-1 matching between firms and managers and a second stage of … each firm-manager pair to expect that the remaining agents will form a positive assortative matching (PAM), and the PAM on … the grand market is a stable matching under rational expectations. Even if they are strategic substitutes yet the …

Persistent link: https://www.econbiz.de/10012903067

Inflation and Output Dynamics in a Model with Labor Market Search and Capital Accumulation

Heer, Burkhard; Maußner, Alfred - 2021

In a sticky-price model with labor market search and habit persistence, Walsh (2005) shows that inertia in the interest rate policy helps to reconcile the inflation and output persistence with empirical observations for the US economy. We show that this finding is sensitive with regard to the...

Persistent link: https://www.econbiz.de/10013316997

Unemployment insurance and optimal taxation in search models of the labor market

Geromichalos, Athanasios - 2012

In many search models of the labor market, unemployment insurance (UI) is conveniently interpreted as the value of leisure or home production and is, therefore, treated as a parameter. However, in reality, UI has to be funded through taxation that might be distortionary. In this paper, I analyze...

Persistent link: https://www.econbiz.de/10009681233

Outside offers and bidding costs

Virág, Gábor (contributor) - 2006

This paper provides a search theoretic model with endogenous job creation, and homogenous workers and firms. The model introduces bidding costs and allows the current employer to make a counteroffer with probability q when the worker receives an outside offer. In equilibrium, a higher level of...

Persistent link: https://www.econbiz.de/10003435452

Firms and Flexibility

Hobijn, Bart - 2008

We study the effects of labor market rigidities and frictions on firm-size distributions and dynamics. We introduce a model of endogenous entrepreneurship, labor market frictions, and firm-size dynamics with many types of rigidities, such as hiring and firing costs, search frictions with vacancy...

Persistent link: https://www.econbiz.de/10012725972