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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
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
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...
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men aged 18-30, and of those at risk of possessing obsolete skills, namely low-educated men aged 55-64. The analyses are …
Persistent link: https://www.econbiz.de/10010239905
change over the lifecycle and report that the total amount of mismatch averaged over all workers of the younger cohort …; and lead to occupational polarization, thereby amplifying the skill mismatch of mid-aged workers. …
Persistent link: https://www.econbiz.de/10012238463
change over the lifecycle and report that the total amount of mismatch averaged over all workers of the younger cohort …; and lead to occupational polarization, thereby amplifying the skill mismatch of mid-aged workers. …
Persistent link: https://www.econbiz.de/10012239564
We develop an empirical search-matching model which is suitable for analysing the wage, employment and welfare impact of regulation in a labour market with heterogeneous workers and jobs. To achieve this we develop an equilirium model of wage determination and employment which extends the...
Persistent link: https://www.econbiz.de/10009777815