Showing 1 - 10 of 25
Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool of macroeconomic analysis, recent literature pointed to some significant failures in accounting for the data. This paper aims to answer two questions: (i) Does the model fit the...
Persistent link: https://www.econbiz.de/10003322254
Persistent link: https://www.econbiz.de/10003328118
Persistent link: https://www.econbiz.de/10003284778
Persistent link: https://www.econbiz.de/10003331592
Persistent link: https://www.econbiz.de/10003485139
Persistent link: https://www.econbiz.de/10003485176
Persistent link: https://www.econbiz.de/10003459678
Persistent link: https://www.econbiz.de/10003604106
The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding across countries. The position of the economy on the curve gives an idea as to the state of the labour market. The modern underlying theory is the search and matching model, with...
Persistent link: https://www.econbiz.de/10003504679
Persistent link: https://www.econbiz.de/10002626257