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Credible research designs for minimum wage studies

Allegretto, Sylvia; Dube, Arindrajit; Reich, Michael; … - 2013

We assess alternative research designs for minimum wage studies. States in the U.S. with larger minimum wage increases differ from others in business cycle severity, increased inequality and polarization, political economy, and regional distribution. The resulting time-varying heterogeneity...

Persistent link: https://www.econbiz.de/10010195464

Heterogeneous paths to stability

Di Porto, Edoardo; Tealdi, Cristina - 2022

a search and matching model; empirically, we exploit an Italian labour market reform which increased flexibility in a …

Persistent link: https://www.econbiz.de/10013187183

Establishments dynamics and matching frictions in classical competitive equilibrium

Veracierto, Marcelo - 2007

This paper develops a Walrasian equilibrium theory of establishment level dynamics and matching frictions and uses it … to evaluate the effects of congestion externalities in the matching process and determine the government interventions …

Persistent link: https://www.econbiz.de/10010292153

A hiring subsidy for long-term unemployed in a search model with PES and random search

Jahn, Elke J.; Wagner, Thomas - 2002

rate is endogenous, the job matching process consists of three rounds. In the first and the second respectively the short … Trennungsrate des Modells ist endogen, der Matching Prozeß umfasst drei Phasen. In der ersten und zweiten suchen jeweils die …

Persistent link: https://www.econbiz.de/10010299229

The Aggregate Effects of the Hartz Reforms in Germany

Hertweck, Matthias S.; Sigrist, Oliver - 2013

This paper quantifies the impact of the Hartz reforms on matching efficiency, using monthly SOEP gross worker flows … the outflow rate (job finding) has been steadily increasing. This indicates that matching efficiency has improved … substantially in recent years. Results from an estimated matching function — pointing to efficiency gains of more than 20 …

Persistent link: https://www.econbiz.de/10011390684

Unemployment benefits and unemployment in the great recession: The role of macro effects

Hagedorn, Marcus; Karahan, Fatih; Manovskii, Iourii; … - 2013

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...

Persistent link: https://www.econbiz.de/10010333564

The cyclical behavior of equilibrium unemployment and vacancies revisited

Hagedorn, Marcus; Manovskii, Iourii - 2008

Recently, a number of authors have argued that the standard search model cannot generate the observed business-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation and cyclicality of wages to identify...

Persistent link: https://www.econbiz.de/10011604899

Recent Unemployment Experience in New Zealand

Borland, Jeff - 2014

This paper discusses the recent history of the rate of unemployment in New Zealand. The rate of unemployment in New Zealand increased by about 3.5 percentage points between late 2007 and late 2009, and then has remained relatively steady to early 2013. Compared to the most recent previous...

Persistent link: https://www.econbiz.de/10012115668

Employers' search and the efficiency of matching

Pellizzari, Michele - 2005

empirical finding is related to variation in the efficiency of the matching process across occupations. A simple theoretical …

Persistent link: https://www.econbiz.de/10010267289

Wage dispersion and wage dynamics within and across firms

Carrillo-Tudela, Carlos; Smith, Eric - 2009

This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under … stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option …

Persistent link: https://www.econbiz.de/10010268976