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This paper provides a search theoretic model with endogenous job creation, and homogenous workers and firms. The model …-post competition is strong, a small change in parameter values may influence the equilibrium bidding, wage distribution and job … structure. -- counteroffers ; wage dispersion ; job creation …
Persistent link: https://www.econbiz.de/10003435452
This paper studies the interaction of financing constraints and labor market imperfections on the labor market and economic activity. My analysis builds on the agency cost framework of Carlstrom and Fuerst [1998. Agency costs and business cycles. Economic Theory, 12(3):583-597]. The aim of this...
Persistent link: https://www.econbiz.de/10008663379
We build a RBC endogenous separation matching model and introduce efficiency wages along the lines of Akerlof (1982). While the standard endogenous separation matching model reveals shortcomings in explaining correlations and volatilities jointly, this approach performs reasonably well along...
Persistent link: https://www.econbiz.de/10003952784
demands may contribute to high unemployment. -- Unemployment ; Job Search ; Wage Demands ; Gender Differences …
Persistent link: https://www.econbiz.de/10008779144
German in-firm vocational training combines training on the job and learning in vocational schools. The so called 'dual …
Persistent link: https://www.econbiz.de/10003873436
possess. Our contribution also entails the prove that the probability of employees to lose their actual job and the …
Persistent link: https://www.econbiz.de/10003961725
determinant of where young workers find their first job. This remarkably robust effect is estimated controlling for all … (family) ties are more important in the job finding process of young workers in weak positions than those weak ties usually …
Persistent link: https://www.econbiz.de/10009357258
Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that … arise when meetings are actually multilateral. I analyze the magnitude of these frictions by presenting an equilibrium job …
Persistent link: https://www.econbiz.de/10009379737
of finding a job. These results imply that neglecting labor market frictions and employment rate changes may seriously …
Persistent link: https://www.econbiz.de/10009155050
. Concretely, we consider the omission of job seekers beyond the unemployed, the omission of inflows as opposed to stocks, and the …-participating job seekers. When we thus include all job seekers, the estimated time trend remains unchanged. We similarly obtain … dem Arbeitsmarkt und konstruieren damit Zeitreihen anhand von USArbeitsmarktdaten. Mithilfe dieser Reihen ermitteln wir …
Persistent link: https://www.econbiz.de/10009529655