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The US economy has endured an exceptionally severe recession caused by the measures put in place to contain the spread of COVID-19. This occasional paper assesses the impact of this crisis on key labour market variables, such as (un-) employment, wages and productivity, and highlights the...
Persistent link: https://www.econbiz.de/10013264673
relationship, including turnover, learning, matching, and hold up. It also considers labor market pooling from the perspective of …
Persistent link: https://www.econbiz.de/10011515046
We investigate the role of complementarities in production and skill mobility across cities. We propose a general equilibrium model of location choice by heterogeneously skilled workers, and consider different degrees of complementarities between the skills of workers. The nature of the...
Persistent link: https://www.econbiz.de/10010337849
. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …
Persistent link: https://www.econbiz.de/10011412007
significantly. This article analyzes the matching efficiency of jobs and workers in U.S. labor markets and its impact on the …
Persistent link: https://www.econbiz.de/10013118483
matching approach, we find that job exit rates are initially much higher if the employment spell began with an FTC. However …
Persistent link: https://www.econbiz.de/10012727288
. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …
Persistent link: https://www.econbiz.de/10013320483
set up a matching model with directed search and double-sided heterogeneity. When a workers is temporarily forced out of …
Persistent link: https://www.econbiz.de/10013346998
We investigate the role of firms in intergenerational mobility by decomposing the intergenerational elasticity of earnings (IGE) into firm-IGE and individual-IGE using a two-way fixed effects framework. Using data from Israel, we find that the firm component is responsible for 22% of the overall...
Persistent link: https://www.econbiz.de/10014427587
Persistent link: https://www.econbiz.de/10011449394