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Demand Uncertainty, Mismatch and (Un)Employment: A Microeconomic Approach
Jellal, Mohamed; Thisse, Jacques-François; Zenou, Yves - C.E.P.R. Discussion Papers - 1998
good, sold on a competitive market, and face demand-induced price fluctuations. It is then shown that unemployment may … arise in equilibrium because of both uncertainty of product demand and job mismatch. Unemployment does not arise, however … always prevails when there is free entry. Hence, unemployment may persist as long as the incumbent firms choose their skill …
Persistent link: https://www.econbiz.de/10005791611
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The Knowledge Lift: The Swedish Adult Education Program that Aimed to Eliminate Low Worker Skill Levels
Georgetown University, Department of Economics - 2005
The Swedish adult education program known as the Knowledge Lift is unprecedented in its size and scope, aiming to raise the skill level of all low-skilled workers towards the medium level. This paper evaluates the effects of program participation on individual labor market outcomes, notably...
Persistent link: https://www.econbiz.de/10005760790
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Is perfection optimal? Employment and product market competition
Amable, Bruno; Gatti, Donatella - 2000
This paper proposes a model of efficiency wage with endogenous workers flows in interaction with imperfect competition on the product markets. Subject to economy-wide shocks, firms hire and fire workers thus generating a certain turnover. We show that the intensity of this turnover negatively...
Persistent link: https://www.econbiz.de/10010304143
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The Impact of Product Market Competition on Employment and Wages
Amable, Bruno; Gatti, Donatella - 2001
proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …
Persistent link: https://www.econbiz.de/10010262481
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The impact of product market competition on employment and wages
Amable, Bruno; Gatti, Donatella - 2001
proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …
Persistent link: https://www.econbiz.de/10011401048
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Is perfection optimal? Employment and product market competition
Amable, Bruno; Gatti, Donatella - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2000
This paper proposes a model of efficiency wage with endogenous workers flows in interaction with imperfect competition on the product markets. Subject to economy-wide shocks, firms hire and fire workers thus generating a certain turnover. We show that the intensity of this turnover negatively...
Persistent link: https://www.econbiz.de/10009353666
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The Impact of Product Market Competition on Employment and Wages
Amable, Bruno; Gatti, Donatella - Institute for the Study of Labor (IZA) - 2001
proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …
Persistent link: https://www.econbiz.de/10005700853
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Homeownership and labour market outcomes : micro versus macro performances
Beugnot, Julie; Lacroix, Guy; Charlot, Olivier - 2014
unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …
Persistent link: https://www.econbiz.de/10010423759
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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 vacancies and unemployed workers. This paper studies the...
Persistent link: https://www.econbiz.de/10013414379
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Deep habits and the cyclical behaviour of equilibrium unemployment and vacancies
Pace, Federico di; Faccini, Renato - 2010
fluctuations of vacancies and unemployment in our model can replicate those observed in the US data, with labour market tightness … for the new hires and the calibration is consistent with the estimated elasticity of unemployment to unemployment benefits …
Persistent link: https://www.econbiz.de/10003969378