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This paper analyses deviations from full employment in EU countries, compared with the US and the UK. We apply the Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The BECRU is the level of unemployment that minimises the...
Persistent link: https://www.econbiz.de/10014507179
Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Utilizing occupation-specific county- level vacancy data from the Conference Board's Help Wanted Online for 2005-2018, we find that state-level minimum wage...
Persistent link: https://www.econbiz.de/10013351793
Using a unique data set and a novel identification strategy, we estimate the effect of minimum wage increases on job vacancy postings. Utilizing occupation-specific countylevel vacancy data from the Conference Board's Help Wanted Online for 2005-2018, we find that state-level minimum wage...
Persistent link: https://www.econbiz.de/10013373856
, endogenous matching sets fluctuate inresponse to shocks and amplify job-creation. Using a standard Nash sharing rule, I showthat … equilibrium that stems from unequal bargainingpowers. Using the standard calibration of the model, the firms' matching sets are … widerin equilibrium than the workers' matching sets and fluctuate more in response to shocks. …
Persistent link: https://www.econbiz.de/10011388139
Spatial differences in labor market performance are large and highly persistent. Using data from the United States, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job finding, and job filling within each country. This robust...
Persistent link: https://www.econbiz.de/10012794519
Spatial differences in labor market performance are large and highly persistent. Using data from the United States, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job finding, and job filling within each country. This robust...
Persistent link: https://www.econbiz.de/10012882367
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the …
Persistent link: https://www.econbiz.de/10011626477
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the …
Persistent link: https://www.econbiz.de/10011630719
This paper shows that introducing worker heterogeneity into a standard search and matching model can help increase the …
Persistent link: https://www.econbiz.de/10010719509
I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …
Persistent link: https://www.econbiz.de/10014469323