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Evaluating search and matching models using experimental data
Lise, Jeremy; Seitz, Shannon N.; Smith, Jeffrey A. - In: IZA Journal of Labor Economics 4 (2015), pp. 1-35
This paper introduces an innovative test of search and matching models using the exogenous variation available in … experiment. We then simulate a program group from a randomized experiment within the model. As a measure of the performance of … the model, we compare the outcomes of the program groups from the model and from the randomized experiment. We illustrate …
Persistent link: https://www.econbiz.de/10011428417
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Evaluating search and matching models using experimental data
Lise, Jeremy (contributor); Seitz, Shannon N. (contributor);  … - 2005
This paper introduces an innovative test of search and matching models using the exogenous variation available in … experimental data. We take an off-the-shelf Pissarides matching model and calibrate it to data on the control group from a … randomized social experiment. We then simulate a program group from a randomized experiment within the model. As a measure of the …
Persistent link: https://www.econbiz.de/10003082102
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Discount factor shocks and labor market dynamics
Albertini, Julien; Poirier, Arthur - 2014
In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements … that the canonical matching model under a very standard calibration is able to generate an important volatility of …
Persistent link: https://www.econbiz.de/10010374578
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Can active labor market policy be counter-productive?
Saint-Paul, Gilles - 2014
We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search …
Persistent link: https://www.econbiz.de/10010418002
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Labor Market Flows and Equilibrium Search Unemployment
Wasmer, Etienne; Garibaldi, Pietro - 2021
labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …
Persistent link: https://www.econbiz.de/10013320711
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Search, flows, job creations and destructions
Cahuc, Pierre - 2014
This paper presents a short overview of dynamic models of labor markets with transaction costs. It shows that these models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage formation. It argues that this renewal provides a very...
Persistent link: https://www.econbiz.de/10010355704
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Increasing income inequality : productivity, bargaining and skill-upgrading
Frederiksen, Anders; Poulsen, Odile - 2010
In recent decades most developed countries have experienced an increase in income inequality. In this paper, we use an equilibrium search framework to shed additional light on what is causing an income distribution to change. The major benefit of the model is that it can accommodate shocks to...
Persistent link: https://www.econbiz.de/10003941761
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Job search and savings : wealth effects and duration dependence
Lentz, Rasmus; Tranæs, Torben - 2001
In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment; layoffs are random and beyond the worker s influence, while the re-employment chance is directly affected by search effort. We characterize the worker s optimal savings and job-search...
Persistent link: https://www.econbiz.de/10011398412
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Separations at the firm level
Gautier, Pieter; Berg, Gerard J. van den; Ours, Jan C. van - 1999
This paper analyzes the determinants of lay-offs, job-to-job movements and totalseparations with a unique data set that combines information on individual firmsand their workers. We are in particular interested in whether the lay-offpolicy of firms can explain the relatively high level of...
Persistent link: https://www.econbiz.de/10011300551
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The workers' value of the remaining employment contract duration
Ommeren, Jos van; Hazans, Mihails - 2005
We introduce and apply a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We provide evidence that workers attach substantial value to...
Persistent link: https://www.econbiz.de/10011346490