Showing 71 - 80 of 92,423
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job …
Persistent link: https://www.econbiz.de/10012794519
Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The …
Persistent link: https://www.econbiz.de/10014517417
vacancies on the other hand, which is observationally equivalent to a constant return Cobb-Douglas function commonly used to …
Persistent link: https://www.econbiz.de/10010420654
comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb …
Persistent link: https://www.econbiz.de/10010421141
volatility extends beyond the U.S. to a set of OECD countries. That is, the volatility puzzle is ubiquitous. We argue cross … proposed in Hagedorn and Manovskii (2008) continues to deliver counterfactually low volatility in countries where labor … enough volatility depends on vacancy-filling rate levels that seem counterfactual outside the U.S. …
Persistent link: https://www.econbiz.de/10010500264
relation between matches on the one hand and unemployment and vacancies on the other hand can be the result of different … shock leads to more vacancy posting, a shift of the idiosyncratic selection cutoff and thereby more hiring. We calibrate a …
Persistent link: https://www.econbiz.de/10011522424
This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model we find a significant outward shift in the euro area Beveridge curve since the onset of the crisis, but considerable heterogeneity at...
Persistent link: https://www.econbiz.de/10012148241
The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
Persistent link: https://www.econbiz.de/10010360956
volatility extends beyond the U.S. to a set of OECD countries. That is, the volatility puzzle is ubiquitous. We argue cross … proposed in Hagedorn and Manovskii (2008) continues to deliver counterfactually low volatility in countries where labor … enough volatility depends on vacancy-filling rate levels that seem counterfactual outside the U.S. …
Persistent link: https://www.econbiz.de/10010251658
rates for Colombia for the period 1976 - 2012. The result is the first dataset capturing the evolution of vacancies for … between vacancies and unemployment with a structural change-an outward shift-around 1986. …
Persistent link: https://www.econbiz.de/10010466551