Showing 1 - 10 of 254
This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched …
Persistent link: https://www.econbiz.de/10010262031
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …
Persistent link: https://www.econbiz.de/10010271933
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …
Persistent link: https://www.econbiz.de/10010276187
This paper uses the search and matching framework to explore the impact of employed job search on the labour market …
Persistent link: https://www.econbiz.de/10010276889
This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility …
Persistent link: https://www.econbiz.de/10010276945
This paper characterizes optimal non-linear income taxation in an economy with a continuum of unobservable productivity levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor demand and wages. Compared to their efficient...
Persistent link: https://www.econbiz.de/10010276950
We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model …
Persistent link: https://www.econbiz.de/10010277029
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using data for 16 countries from the European Social Survey...
Persistent link: https://www.econbiz.de/10010528571
The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in capital-embodied technical change in the late 1970s. Evidence suggests that European economies have lagged behind the United States in the adoption and usage of new...
Persistent link: https://www.econbiz.de/10011489796
Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to …
Persistent link: https://www.econbiz.de/10011560029