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their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive …
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that the canonical matching model under a very standard calibration is able to generate an important volatility of …In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements … unemployment and vacancies with respect to output. We estimate the structural model with the two shocks and using the Bayesian …
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In a reasonably calibrated Mortensen and Pissarides matching model, shocks to average labor productivity can account … for only a small portion of the fluctuations in unemployment and vacancies (Shimer (2005a)). In this paper, the author … vintages of entrants are able to account for fluctuations in unemployment and vacancies and that, in this environment, specific …
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Setting the scene : unemployment in China / Malcolm Warner and Grace O. M. Lee -- Primitive accumulation, transition … and unemployment in China / Michael Webber and Zhu Ying -- Urban unemployment in China : a background analysis (1995 …-2003) / Hu Angang and Sheng Xin -- Unemployment in China and the All-China Federation of Trade Unions / Ng Sek Hong and Olivia Ip …
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