Narrow search
Showing 21 - 30 of 753,375
Cover Image
Deep habits and the cyclical behaviour of equilibrium unemployment and vacancies
Pace, Federico di; Faccini, Renato - 2010
fluctuations of vacancies and unemployment in our model can replicate those observed in the US data, with labour market tightness … for the new hires and the calibration is consistent with the estimated elasticity of unemployment to unemployment benefits …
Persistent link: https://www.econbiz.de/10003969378
Cover Image
Calvo Wages in a Search Unemployment Model
Bodart, Vincent - 2007
RBC models with search unemployment and wage renegotiation generate too much wage volatility and too stable … unemployment rate. Shimer (2004) shows that it is possible to reproduce a volatility of unemployment similar to that observed in … unemployment …
Persistent link: https://www.econbiz.de/10012777980
Cover Image
Measuring Heterogeneity in Job Finding Rates Among the Nonemployed Using Labor Force Status Histories
Kudlyak, Marianna - 2018
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10012935210
Cover Image
Measuring Heterogeneity in Job Finding Rates Among the Nonemployed Using Labor Force Status Histories
Kudlyak, Marianna - 2014
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10013042984
Cover Image
Measuring Heterogeneity in Job Finding Rates Among the Nonemployed Using Labor Force Status Histories
Kudlyak, Marianna - 2014
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10013045552
Cover Image
The Cyclical Behavior of Equilibrium Unemployment and Vacancies Revisited
Hagedorn, Marcus; Manovskii, Iourii - 2021
-cycle-frequency fluctuations in unemployment and job vacancies, given shocks of a plausible magnitude. We use data on the cost of vacancy creation …
Persistent link: https://www.econbiz.de/10013316636
Cover Image
Deep Habits and the Cyclical Behaviour of Equilibrium Unemployment and Vacancies
Di Pace, Federico - 2010
fluctuations of vacancies and unemployment in our model can replicate those observed in the US data, with labour market tightness … for the new hires and the calibration is consistent with the estimated elasticity of unemployment to unemployment benefits …
Persistent link: https://www.econbiz.de/10013142668
Cover Image
Real and Nominal Wage Rigidity in a Model of Equal-Treatment Contracting
Martins, Pedro S. - 2009
discriminate based on a year of entry to a firm, and develops an equilibrium model of wages and unemployment. We solve for the … dynamics of wages and unemployment under conditions of downward wage rigidity, where forward looking firms take into account …
Persistent link: https://www.econbiz.de/10013157040
Cover Image
Aggregate and Idiosyncratic Risk in a Frictional Labor Market
Rudanko, Leena - 2011
inability of workers to smooth their consumption across unemployment and employment spells changes how unemployed workers value …
Persistent link: https://www.econbiz.de/10012713795
Cover Image
Reciprocity and matching frictions
Wesselbaum, Dennis - 2010
We build a RBC endogenous separation matching model and introduce efficiency wages along the lines of Akerlof (1982). While the standard endogenous separation matching model reveals shortcomings in explaining correlations and volatilities jointly, this approach performs reasonably well along...
Persistent link: https://www.econbiz.de/10003952784