We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … free entry long lived vacancies and endogenous separations give rise to a vacancy depletion channel which we identify via …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … free entry long lived vacancies and endogenous separations give rise to a vacancy depletion channel which we identify via …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … free entry long lived vacancies and endogenous separations give rise to a vacancy depletion channel which we identify via …

:1-2003:4, we find that the volatility of aggregate skilled hours relative to the volatility of GDP has nearly tripled since 1984 … volatility of skilled hours: (i) a reduction in the degree of capital-skill complementarity, (ii) a reduction in the absolute … volatility of GDP (and unskilled hours), and (iii) an increase in the level of capital equipment relative to skilled labor. We …

vacancies) divided by the volatility of labor productivity is roughly twice as large as in the United States. We derive and …This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility … Flows ; Vacancies ; Job-Finding Rate ; Market Tightness …

vacancies) divided by the volatility of labor productivity is roughly twice as large as in the United States. We derive and …This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility … flows ; vacancies ; job-finding rate ; market tightness …

bargaining solution financing constraints increase substantially the volatility of wages, and in turn, amplification for the …

vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real … observed decline in output volatility. -- Labor hoarding ; labor market frictions ; wage rigidities ; effort choice …

vanished, (ii) the relative volatility of employment has risen, and (iii) the relative (and absolute) volatility of the real … observed decline in output volatility. -- labor hoarding ; labor market frictions ; wage rigidities ; effort choice …