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Accounting for qualification in mismatch unemployment

Bauer, Anja - 2023

This paper shows the evolution of mismatch unemployment over the period from 2007 to 2022 in Germany. A substantial … part of mismatch unemployment results from a misallocation on the qualification level rather than on the occupational level …. Taking the qualification level into account, an upward trend in mismatch unemployment in the aftermath of the COVID …

Persistent link: https://www.econbiz.de/10014425844

Sector-specific productivity shocks in a matching model

Wesselbaum, Dennis - 2010

Shocks driving the business cycle have different effects on low-skilled and high-skilled workers. This paper studies the effects of temporary and permanent sector-specific shocks in a New Keynesian matching model. We show that temporary sector-specific shocks have reallaction and aggregate...

Persistent link: https://www.econbiz.de/10003932599

Sector-specific productivity shocks in a matching model

Wesselbaum, Dennis - 2010

Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve (i.e. the negative correlation between unemployment and vacancies) and business cycle statistics jointly. This paper builds upon the sectoral shock literature and combines its...

Persistent link: https://www.econbiz.de/10011452403