In der ökonomischen Forschung fehlt bislang gesamtwirtschaftlich repräsentative empirische Evidenz zu der Frage, ob offene Stellen als Vorlaufindikator für die Beschäftigungsentwicklung gelten können. Bei der Interpretation der aktuellen Entwicklung des Stellenangebots wird dies häufig...

This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....

Routine-biased technological change (RBTC), whereby routine-task jobs are replaced by machines and overseas labor, shifts demand towards high- and low-skill jobs, resulting in job polarization of the U.S. labor market. We test whether recessions accelerate this process. In doing so we establish...

Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However, the possibility to report sick creates an additional moral hazard, since during sickness spells, minimum requirements on search behavior do not apply. This reduces the ex ante...