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How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching-model is developed, in which the unemployment pool consists of heterogeneous unemployed workers, short-term and long-term unemployed, and with an endogenous skill-depreciation of the...
Persistent link: https://www.econbiz.de/10010295581
How does technical progress affect long-term unemployment? The relationship between long-term unemployment and the rate of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers and with endogenously determined long-term unemployed...
Persistent link: https://www.econbiz.de/10010295584
This paper considers training, mobility decisions and wages together to test for the specificity of human capital contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two ways. First, we examine the correlation between training...
Persistent link: https://www.econbiz.de/10010297508
The paper extends the basic Stiglitz (1982) model of optimal income taxation into general search equilibrium. When we …
Persistent link: https://www.econbiz.de/10010321780
We analyze the implications of multiple applications by job seekers for the microfoundations of the matching function. We emphasize a coordination failure caused by multiple applications, namely, that firms can waste resources processing applicants who are ultimately hired elsewhere.
Persistent link: https://www.econbiz.de/10010324993
We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10010325469
We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model …
Persistent link: https://www.econbiz.de/10010270074
, both employed and unemployed, search for better paid job opportunities. Different firms typically offer different contracts …. Workers accumulate general human capital through learning-by-doing. With on-the-job search, a worker's wage evolves …
Persistent link: https://www.econbiz.de/10010274781
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the …
Persistent link: https://www.econbiz.de/10010276656
prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
Persistent link: https://www.econbiz.de/10014296518