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This paper develops a Walrasian equilibrium theory of establishment level dynamics and matching frictions and uses it …"This paper develops a Walrasian equilibrium theory of establishment level dynamics and matching frictions and uses it …
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This paper focuses on tenure driven productivity dynamics of a firm-worker match as a potential explanation of "unemployment volatility puzzle". We let new matches and continuing jobs differ by their productivity levels and by their sensitivity to aggregate productivity shocks. As a result, new...
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Diese Dissertation beschäftigt sich mit der Charakterisierung optimaler Arbeitsmarktpolitik für verschiedene Erweiterungen des Diamond-Mortensen-Pissarides Modells. Kapitel 1 beschreibt optimale Arbeitsmarktpolitik in einem ökonomisch turbulenten Umfeld, welches in Form von...
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