Showing 1 - 10 of 5,429
This paper quantifies the impact of the Hartz reforms on matching efficiency, using monthly SOEP gross worker flows … the outflow rate (job finding) has been steadily increasing. This indicates that matching efficiency has improved … substantially in recent years. Results from an estimated matching function - pointing to efficiency gains of more than 20 …
Persistent link: https://www.econbiz.de/10010339386
Persistent link: https://www.econbiz.de/10000767625
Theoretical models of downward real wage rigidity generate asymmetric wage cyclicality with real wages being rigid in "bad" times but upwardly flexible during "good". In this paper we use an administrative panel dataset from Germany to establish that such asymmetries are very salient in Germany....
Persistent link: https://www.econbiz.de/10010490623
theory to a flexible unobserved components model: we disentangle permanent and transitory components of matching efficiency … matching efficiency and separation rate each account for about half of the inward shift. Thereby, the increase in trend … matching efficiency is extraordinary and testifies to a permanent improvement on the labour market. Its visibility, however …
Persistent link: https://www.econbiz.de/10010487258
. Only wage mechanisms that allow for ex post competition generate the maximum matching on a realized network. We show that …
Persistent link: https://www.econbiz.de/10010343782
This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social …
Persistent link: https://www.econbiz.de/10010340568
This paper analyzes the effects of short-time work (i.e., government subsidized working time reductions) on unemployment and output fluctuations. The central question is whether short-time work saves jobs in recessions. In our baseline scenario the rule based component of short-time work (i.e.,...
Persistent link: https://www.econbiz.de/10010344643
We investigate the role of complementarities in production and skill mobility across cities. We propose a general equilibrium model of location choice by heterogeneously skilled workers, and consider different degrees of complementarities between the skills of workers. The nature of the...
Persistent link: https://www.econbiz.de/10010337849
Persistent link: https://www.econbiz.de/10001266890