Similar Search Results

Discount factor shocks and labor market dynamics

Albertini, Julien; Poirier, Arthur - 2014

In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements … that the canonical matching model under a very standard calibration is able to generate an important volatility of …

Persistent link: https://www.econbiz.de/10010374578

Can active labor market policy be counter-productive?

Saint-Paul, Gilles - 2014

We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search …

Persistent link: https://www.econbiz.de/10010418002

Beyond Cobb-Douglas: flexibly estimating matching functions with unobserved matching efficiency

Lange, Fabian; Papageorgiou, Theodore - 2020

the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …

Persistent link: https://www.econbiz.de/10012206513

Matching efficiency and heterogeneous workers in the UK

Lisauskaitė, Elena - 2022

The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …

Persistent link: https://www.econbiz.de/10013414379

Benefit duration and job search effort : evidence from a natural experiment

Lichter, Andreas - 2016

Findings of prolonged non-employment spells due to more generous unemployment benefits are commonly seen as an indication of reduced job search effort and moral hazard behavior. However, to date, there is hardly any direct evidence of benefit-induced reductions in search effort. This paper...

Persistent link: https://www.econbiz.de/10011543920

Search, flows, job creations and destructions

Cahuc, Pierre - 2014

This paper presents a short overview of dynamic models of labor markets with transaction costs. It shows that these models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage formation. It argues that this renewal provides a very...

Persistent link: https://www.econbiz.de/10010355704

The job search intensity supply curve : how labor market conditions affect job search effort

Schwartz, Jeremy - 2014

During the Great Recession of 2007, unemployment reached nearly 10 percent and the ratio of unemployment to open positions (as measured by the Help Wanted OnLine Index) more than tripled. The weak labor market prompted an unprecedented extension in the length of time in which a claimant can...

Persistent link: https://www.econbiz.de/10010403637

Increasing income inequality : productivity, bargaining and skill-upgrading

Frederiksen, Anders; Poulsen, Odile - 2010

In recent decades most developed countries have experienced an increase in income inequality. In this paper, we use an equilibrium search framework to shed additional light on what is causing an income distribution to change. The major benefit of the model is that it can accommodate shocks to...

Persistent link: https://www.econbiz.de/10003941761

Job search and savings : wealth effects and duration dependence

Lentz, Rasmus; Tranæs, Torben - 2001

In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment; layoffs are random and beyond the worker s influence, while the re-employment chance is directly affected by search effort. We characterize the worker s optimal savings and job-search...

Persistent link: https://www.econbiz.de/10011398412

Separations at the firm level

Gautier, Pieter; Berg, Gerard J. van den; Ours, Jan C. van - 1999

This paper analyzes the determinants of lay-offs, job-to-job movements and totalseparations with a unique data set that combines information on individual firmsand their workers. We are in particular interested in whether the lay-offpolicy of firms can explain the relatively high level of...

Persistent link: https://www.econbiz.de/10011300551