. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …

impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor …

qualifikatorischen Lohnstruktur zur Erklärung der Beschäftigungsstruktur Stellung. Basierend auf einer Einteilung in drei …-Kostenfunktion und Anteilsgleichungen ökonometrisch geschätzt, um den Einfluss der Lohnstruktur auf die Beschäftigungsstruktur zu …, dass mit einer größeren Lohnspreizung die Lastverteilung der Arbeitslosigkeit bei gegebenem Output, Kapitaleinsatz und …

der Arbeitslosigkeit zur Folge hat. -- search friction ; labor market transitions ; wages …

, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …

-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties … market. Additionally, endogenous matching sets fluctuate in response to shocks and amplify job-creation. Using a standard …, the firms' matching sets are wider in equilibrium than the workers' matching sets and fluctuate more in response to shocks. …

This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric … movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative … tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state …

provides a valid approximation of observed wages and matching patterns for a large part of the data. For low-type workers … low-type workers have become increasingly sorted into low-type firms over time, especially out of unemployment. This …

This paper incorporates job search through personal contacts into an equilibrium matching model with a segregated …

sectoral employment, unemployment and wage inequality. OJS generates wage dispersion and it leads to a reallocation of workers … increase of unemployment. The dynamics of labor market variables is obtained in closed form. The model predicts overshooting at …