Similar Search Results

Uncovering the Mechanism(s): Financial Constraints and Wages

Arabzadeh, Hamzeh; Balleer, Almut; Gehrke, Britta - 2020

the financial market, we address two prominent mechanism through which firms' financial constraints amplify unemployment … substantial decline in both unemployment and wages. Financial constraints therefore weaken the direct link between wage rigidity … and unemployment volatility. …

Persistent link: https://www.econbiz.de/10012497880

Perspectives on Unemployment from a General Equilibrium Search Model

Harding, Don; Kam, Timothy - Volkswirtschaftliche Fakultät, … - 2001

Australia has experienced a varied track record on unemployment. For the third quarter of the 20th century unemployment … averaged 2.0 per cent. This is bracketed by average unemployment rates of 8.6 and 7.4 per cent in the second and fourth quarter … economy. Two simulation experiments are considered. In the first we study the effect of varying the unemployment benefit on …

Persistent link: https://www.econbiz.de/10005260331

50 Years of Job Vacancies in Colombia: The Case of Bogota, 1960-2010

Álvarez, Andrés; Hofstetter, Marc - Banco de la Republica de Colombia - 2012

Beveridge curve and use the vacancy rate to forecast unemployment. This first look at the series yields sensible results, while …

Persistent link: https://www.econbiz.de/10010556363

Job Vacancies in Colombia: 1976-2012

Álvarez, Andrés; Hofstetter, Marc - Banco de la Republica de Colombia - 2013

Based on the counting of Help-wanted advertisements in print newspapers, we present national vacancy indexes and vacancy rates for Colombia. These series will allow tackling a myriad of questions related to the functioning of the labor markets in emerging economies, where such datasets were not...

Persistent link: https://www.econbiz.de/10010726686

An Incentive Theory of Matching

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2009

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...

Persistent link: https://www.econbiz.de/10004961441

The Beveridge Curve

Yashiv, Eran - Institute for the Study of Labor (IZA) - 2006

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

Persistent link: https://www.econbiz.de/10005763504

An Incentive Theory of Matching

Brown, Alessio J G; Merkl, Christian; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2009

Persistent link: https://www.econbiz.de/10005000439

The Dynamic Beveridge Curve

Fujita, Shigeru; Ramey, Garey - Society for Economic Dynamics - SED - 2006

both the vacancy-unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching …

Persistent link: https://www.econbiz.de/10005090788

The Cyclical Behavior of Equilibrium Unemployment and Vacancies Across OECD Countries

Amaral, Pedro S.; Tasci, Murat - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2014

We show that the inability of a standardly-calibrated labor search-and-matching model to account for labor market volatility extends beyond the U.S. to a set of OECD countries. That is, the volatility puzzle is ubiquitous. We argue cross-country data is helpful in scrutinizing between potential...

Persistent link: https://www.econbiz.de/10010741707

The Beveridge curve

Yashiv, Eran - London School of Economics (LSE) - 2007

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

Persistent link: https://www.econbiz.de/10010744873