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Persistent link: https://www.econbiz.de/10003279453
How well do alternative labor market theories explain variations in net job creation? According to search-matching theory, job creation in a firm should depend on the availability of workers (unemployment) and on the number of job openings in other firms (congestion). According to efficiency...
Persistent link: https://www.econbiz.de/10003319548
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This paper studies the determinants of hiring. We use the search-matching model with imperfect competition in the product market from Carlsson, Eriksson and Gottfries (2011) to derive an equation for total hiring in a local labor market, and estimate it on Swedish panel data. When product...
Persistent link: https://www.econbiz.de/10009409043
Persistent link: https://www.econbiz.de/10003398740
How well do alternative labor market theories explain variations in net job creation? According to search-matching theory, job creation in a firm should depend on the availability of workers (unemployment) and on the number of job openings in other firms (congestion). According to efficiency...
Persistent link: https://www.econbiz.de/10003371770
Search-matching theory has come to dominate labor economics in recent years, but few attempts have been made to compare the empirical relevance of search-matching theory to efficiency wage and bargaining theories, where employment is determined by labor demand. In this paper we formulate an...
Persistent link: https://www.econbiz.de/10012778561
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