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Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …
Persistent link: https://www.econbiz.de/10011791237
wage policies in the public sector on unemployment and education decisions. The effects on the educational composition of … the labor force depend crucially on the structure of the labor market. An increase of skilled public-sector wages has a …
Persistent link: https://www.econbiz.de/10014230176
This paper studies the changes in labor allocation across firms and industries in response to changes in technology (captured by the adoption of information and communication technologies, ICT) and import competition, due to increased exposure to trade competition from China. We use detailed...
Persistent link: https://www.econbiz.de/10011716918
This paper studies the changes in labor allocation across firms and industries in response to changes in technology (captured by the adoption of information and communication technologies, ICT) and import competition, due to increased exposure to trade competition from China. We use detailed...
Persistent link: https://www.econbiz.de/10011412264
worker type) can no longer signal this by posting higher wages. Specifically, we consider a search model with two sided …
Persistent link: https://www.econbiz.de/10011309217
This paper evaluates the effects of policy interventions on sectoral labour markets and the aggregate economy in a business cycle model with search and matching frictions. We extend the canonical model by including capital-skill complementarity in production, labour markets with skilled and...
Persistent link: https://www.econbiz.de/10010472582
This paper evaluates the effects of policy interventions on sectoral labour markets and the aggregate economy in a business cycle model with search and matching frictions. We extend the canonical model by including capital-skill complementarity in production, labour markets with skilled and...
Persistent link: https://www.econbiz.de/10010477900
ability of the standard search and matching model to generate cyclical fluctuations of unemployment and vacancies in response … to productivity shocks. Moreover, my model can generate the pro-cyclicality of vacancies, which the standard endogenous …
Persistent link: https://www.econbiz.de/10013136778
following distinct responses to a structural change: 1) matching efficiency drops and recovers slowly; 2) total vacancies first … during the transition; and 4) counter-intuitively, the impact on the overall unemployment is limited …
Persistent link: https://www.econbiz.de/10013115286
, unemployment is acyclical and highly positively correlated with vacancies. Based on the evidence that job-to-job flows are large in …-to-job flows. The modi ed model successfully generates countercyclical unemployment and the Beveridge Curve relationship …
Persistent link: https://www.econbiz.de/10013088518