Similar Search Results

Labor Search and Matching in Macroeconomics

Yashiv, Eran - Centre for Economic Performance, LSE - 2007

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …

Persistent link: https://www.econbiz.de/10005510441

The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited

Hagedorn, Marcus; Manovskii, Iourii - Institut für Volkswirtschaftslehre, … - 2007

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/10005463517

Deep habits and the cyclical behaviour of equilibrium unemployment and vacancies

Pace, Federico di; Faccini, Renato - 2010

We extend the standard textbook search and matching model by introducing deep habits in consumption. The cyclical … cycles ; labour market fluctuations ; search and matching ; wage bargaining …

Persistent link: https://www.econbiz.de/10003969378

Uninsurable Individual Risk and the Cyclical Behavior of Unemployment and Vacancies

Shao, Enchuan - 2014

This paper is concerned with the business cycle dynamics in search-and-matching models of the labor market when agents …

Persistent link: https://www.econbiz.de/10012709508

Deep Habits and the Cyclical Behaviour of Equilibrium Unemployment and Vacancies

Di Pace, Federico - 2010

We extend the standard textbook search and matching model by introducing deep habits in consumption. The cyclical …

Persistent link: https://www.econbiz.de/10013142668

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

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/10013187552

Minimum wage increases and vacancies

Kudlyak, Marianna; Tasci, Murat; Tüzemen, Didem - 2022

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/10013192234

Labor Search and Matching in Macroeconomics

Yashiv, Eran - 2021

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …

Persistent link: https://www.econbiz.de/10013317120

Chapter 18 Job reallocation, employment fluctuations and unemployment

Mortensen, Dale T.; Pissarides, Christopher A. - In: Handbook of macroeconomics : volume 1, part B, (pp. 1171-1228). 1999

The purpose of this chapter is twofold. First, it reviews the model of search and matching equilibrium and derives the … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … built on the assumptions of a time-consuming matching technology that determines the rate of job creation given the …

Persistent link: https://www.econbiz.de/10014024227

More on Unemployment and Vacancy Fluctuations

Mortensen, Dale T.; Nagypal, Eva - 2021

Shimer (2005a) argues that the Mortensen-Pissarides equilibrium search model of unemployment explains only about 10% of the response in the job-finding rate to an aggregate productivity shock. Some of the recent papers inspired by his critique are reviewed and commented on here. Specifically, we...

Persistent link: https://www.econbiz.de/10013318242