We develop a labor demand model that encompasses pre-match hiring cost arising from tight labor markets. Through the lens of the model, we study the effect of labor market tightness on firms' labor demand by applying novel shift-share instruments to the universe of German firms. In line with...

Die Covid-19-Pandemie und die zu ihrer Eindämmung umgesetzten Maßnahmen treffen den Arbeitsmarkt erheblich. Eine Simulationsstudie des IAB und des ifo Instituts zeigt: Die Bruttoerwerbseinkommen dürften sich in diesem Jahr infolge der Covid-19-Krise für alle Einkommensgruppen spürbar...

The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to take appropriate income-stabilizing countermeasures. To properly design such policy measures, it is important to quantify their effects in real-time. However, data on the...

We investigate the impact of labour market concentration on two dimensions of job quality, namely wages and job security. We leverage rich administrative linked employer-employee data from Denmark, France, Germany, Italy, Portugal and Spain in the 2010s to provide the first comparable...

In recent decades, many industrialized economies have witnessed a pattern of job polarization. While shifts in labor demand, namely routinization or offshoring, constitute conventional explanations for job polarization, there is little research on whether shifts in labor supply along the labor...

In recent decades, many industrialized economies have witnessed a pattern of job polarization. While shifts in labor demand, namely routinization or offshoring, constitute conventional explanations for job polarization, there is little research on whether shifts in labor supply along the labor...

Economists increasingly refer to monopsony power to reconcile the absence of negative employment effects of minimum wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a comprehensive test of monopsony theory by using labor market...

Während der Covid-19-Pandemie ist in Deutschland die Zahl der Langzeitarbeitslosen, also der Personen mit einer Arbeitslosigkeit von mindestens einem Jahr, zum ersten Mal seit 2014 wieder gestiegen. Für langzeitarbeitslose Personen gestaltet sich die Aufnahme einer Beschäftigung besonders...