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congestion effect. I use monthly panel data for all local labor markets in Sweden from 1992-2011. The results suggest that … unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …
Persistent link: https://www.econbiz.de/10010321379
congestion effect. I use monthly panel data for all local labor markets in Sweden from 1992-2011. The results suggest that … unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …
Persistent link: https://www.econbiz.de/10010699694
ad views on Sweden's largest online job board. First, new vacancy postings drop by 40%, similar to the US. Second, job …
Persistent link: https://www.econbiz.de/10012419555
views on Sweden's largest online job board. First, the labour demand shock in Sweden is as large as in the US, and affects …
Persistent link: https://www.econbiz.de/10012213681
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/10010251658
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …
Persistent link: https://www.econbiz.de/10012288522
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …
Persistent link: https://www.econbiz.de/10012268078
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …
Persistent link: https://www.econbiz.de/10012269069
unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new … one-third of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role …
Persistent link: https://www.econbiz.de/10009580898
unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new … one-third of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role …
Persistent link: https://www.econbiz.de/10013102157