Showing 1 - 10 of 58,661
key variables - unemployment and vacancies - relative to the variation in the shock variables. Shimer identifes the … unemployment and vacancies whilst retaining the standard wage determination process. We set out a model with two important changes … unemployment and vacancy series to match the data; we confirm for the UK that the Mortensen-Pissarides model cannot, as shown by …
Persistent link: https://www.econbiz.de/10005022153
matching model in an economy with embodied technological progress and show that its dynamics are profoundly affected by … allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …
Persistent link: https://www.econbiz.de/10010744813
This paper uses the search and matching framework to explore the impact of employed job search on the labour market …-to-job flows and labour force entries and exits. Employed job search is shown to have a substantial impact on unemployment dynamics … but a negligible one on the level of unemployment. More on-the-job search leads to lower unemployment inflow and outflow …
Persistent link: https://www.econbiz.de/10010276889
A labor matching model with nominal rigidities can match short-run movements in labor's share with some success …
Persistent link: https://www.econbiz.de/10010265220
unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … growth on unemployment compared to the standard matching model with disembodied technological progress. … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …
Persistent link: https://www.econbiz.de/10010332514
This paper investigates spatial correlation in the matching process of vacant jobs and job seekers. The importance of … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … clusters of regions of particularly intense interregional matching, and examine the effects of German re-unification. After …
Persistent link: https://www.econbiz.de/10010262709
This paper investigates spatial correlation in the matching process of vacant jobs and job seekers. The importance of … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … clusters of regions of particularly intense interregional matching, and examine the effects of German re-unification. After …
Persistent link: https://www.econbiz.de/10011412009
This paper uses the search and matching framework to explore the impact of employed job search on the labour market. We …. Employed job search is shown to have a substantial impact on unemployment dynamics but a negligible one on the level of … unemployment. It also plays a key role in propagating a shock to institutions or to the economy to the labour market. …
Persistent link: https://www.econbiz.de/10005577158
This paper uses the search and matching framework to explore the impact of employed job search on the labour market …-to-job flows and labour force entries and exits. Employed job search is shown to have a substantial impact on unemployment dynamics … but a negligible one on the level of unemployment. More on-the-job search leads to lower unemployment inflow and outflow …
Persistent link: https://www.econbiz.de/10005703015
Persistent link: https://www.econbiz.de/10013382388