Showing 1 - 10 of 1,625
Ten years after the start of transition, there are many puzzles we still have to live with. Why did all countries … labour supply. Surprisingly enough, the literature on the economics of transition has devoted little, if any, attention to … labour force participation decisions. In the models of the optimal speed of transition (OST) literature, the labour force is …
Persistent link: https://www.econbiz.de/10010262461
Ten years after the start of transition, there are many puzzles we still have to live with. Why did all countries … labour supply. Surprisingly enough, the literature on the economics of transition has devoted little, if any, attention to … labour force participation decisions. In the models of the optimal speed of transition (OST) literature, the labour force is …
Persistent link: https://www.econbiz.de/10011391760
In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen … framework and the search-matching framework (eg. Pissarides, 1990). Second, it improves the correspondence between the …
Persistent link: https://www.econbiz.de/10010262429
matching and a variety of methods using propensity score matching. In each case, we consider estimates based on levels of post … propensity score matching is generally most effective, but the detailed implementation of the method is not of critical …
Persistent link: https://www.econbiz.de/10010262752
. This process is then assumed to follow a matching of equals among equals. Using rich data from Germany and Denmark we fully … confirm a matching on qualification levels for high-skilled employees, partially for medium-skilled employees but not for low …
Persistent link: https://www.econbiz.de/10011303480
The paper studies the effects of changes in the age structure on aggregate labour market performance using a panel of Swedish local labour markets. The methodology of Shimer (2001) is used for studying the effects of youth cohort size and is extended to include the full age distribution. The...
Persistent link: https://www.econbiz.de/10011575197
We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …
Persistent link: https://www.econbiz.de/10010269110
Building a model with three imperfect markets - goods, labor and credit - representing a product's life-cycle, we find that goods market frictions drastically change the qualitative and quantitative dynamics of labor market variables. The calibrated model leads to a significant reduction in the...
Persistent link: https://www.econbiz.de/10010278356
Unemployment may depend on equilibrium in other markets than the labor markets. This paper adresses this old idea by introducing search frictions on several markets: in a model of credit and labor market imperfections as in Wasmer and Weil (2004), I further introduce search on the goods market....
Persistent link: https://www.econbiz.de/10010278660
The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that financial shocks do translate into the labor markets. In this paper we first document that financial recessions amplify labor market volatility and Okun's elasticity over the...
Persistent link: https://www.econbiz.de/10010287582