Showing 1 - 10 of 179,472
We conduct an accounting exercise of the role of worker flows between unemployment, employment, and labor force nonparticipation in the dynamics of the aggregate unemployment rate across four recent recessions: 1982-1983, 1990-1991, 2001, and 2007-2009 (the Great Recession). We show that,...
Persistent link: https://www.econbiz.de/10013099242
Increases in the ins of unemployment during recessions are the result of two major forces: increased layoffs, or a fall in job finding of potential job-to-job transitions. This paper quantifies the contribution of these two channels using the flows approach to the labour market in the UK and US...
Persistent link: https://www.econbiz.de/10013215116
This paper analyses the impact of the business cycle on labour market dynamics in EU member states and the US during the first decade of the 21st century. Using unique measures of labour market flows constructed from worker-level micro data, we examine to what extent macro shocks were...
Persistent link: https://www.econbiz.de/10011821431
, contacting employers, interviewing, reading ads on the internet and so forth. Results from Tobit estimation indicate the …
Persistent link: https://www.econbiz.de/10014178012
This paper provides detailed empirical evidence on the scope of mismatch in Germany in the past decade, using a comprehensive administrative data set that allows for disaggregation at the levels of industry, occupation and region. The findings suggest that regional mismatch did not play an...
Persistent link: https://www.econbiz.de/10009788092
the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …
Persistent link: https://www.econbiz.de/10012835872
the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …
Persistent link: https://www.econbiz.de/10012206513
This paper shows the evolution of mismatch unemployment over the period from 2007 to 2022 in Germany. A substantial part of mismatch unemployment results from a misallocation on the qualification level rather than on the occupational level. Taking the qualification level into account, an upward...
Persistent link: https://www.econbiz.de/10014425844
driven by changes in the efficiency of matching unemployed workers to jobs. We find that cyclical movements in unemployment … matching efficiency generally play a small role but can decline substantially in recessions. At low-frequencies, labor demand …
Persistent link: https://www.econbiz.de/10013122077
model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue … that standard matching function estimations are seriously biased if idiosyncratic productivity plays a role for match …
Persistent link: https://www.econbiz.de/10010350860