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In this paper, the role of matching efficiency (equivalently, mismatch) at the aggregate level in driving unemployment … not sensitive to the level of disaggregation by construction. Observing that estimated aggregate matching efficiency lags … business cycles, I identify a structural shock to aggregate matching efficiency using standard timing restrictions. Based on …
Persistent link: https://www.econbiz.de/10013030829
During the last decade, the Austrian labour market experienced a substantial outward shift of the Beveridge curve. Using detailed administrative data on vacancies and registered unemployed by region and skill level, we test which factors caused this shift. We find that the Beveridge curve...
Persistent link: https://www.econbiz.de/10013227604
This study examines the incidence of vertical mismatch among formal and informal workers in Thailand. Using the 2011, 2013, and 2015 Thailand Household Socio-economic Surveys, the study analyzes the relationship between vertical mismatch and wage penalties and premiums across four types of...
Persistent link: https://www.econbiz.de/10013229940
Persistent link: https://www.econbiz.de/10013392410
Persistent link: https://www.econbiz.de/10013393383
Many labor markets share three stylized facts: employers cannot give full attention to all candidates, candidates are ready to provide information about their preferences for particular employers, and employers value and are prepared to act on this information. In this paper we study how a...
Persistent link: https://www.econbiz.de/10013141266
importantly regarding departures from the exogeneity assumptions inherent in the matching estimators used in our analysis …
Persistent link: https://www.econbiz.de/10013141737
We use a Chinese firm-director level panel dataset to examine the matching of heterogeneous firms and politicians … positive assortative matching in the political markets. More productive firms recruit more powerful politicians. Further, the … decreases in the efficiency of local governments. Conditional on the endogenous matching, new hires with greater political …
Persistent link: https://www.econbiz.de/10013141808
This paper formally examines two competing methods of conducting a lottery in assigning students to schools, motivated by the design of the centralized high school student assignment system in New York City. The main result of the paper is that a single and multiple lottery mechanism are...
Persistent link: https://www.econbiz.de/10013141841
importantly regarding departures from the exogeneity assumptions inherent in the matching estimators used in our analysis …
Persistent link: https://www.econbiz.de/10013142408