exist because of valuable job-matches, unemployment among high-productivity laid-off workers may be optimal from societal … unemployment instead of low-wage jobs, resulting in an inefficient level of unemployment. This paper shows that in such cases, a re …

Job vacancy duration reflects the time a firm spends searching, selecting, and hiring for a job opening. Capturing … vacancy duration using the creation and deletion dates of job postings by U.S. public firms, we examine the informativeness of … vacancy duration for future firm profitability. We find that, while firms who fill low-skill job vacancies quickly exhibit …

sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …

that a decrease of say unemployment probability or an increase in unemployment insurance (UI) generosity affects saving not …