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addition to vacancies, as they vary hires. Building from our evidence and a generalized matching function, we construct a new … matching function, delivers a better-fitting empirical Beveridge Curve, and accounts for a large share of fluctuations in … search, matching and hiring in the labor market …
Persistent link: https://www.econbiz.de/10013139283
We study the existence of group strategy-proof stable rules in many-to-many matching markets under responsiveness of …, acyclicity is the minimal condition guaranteeing the existence of stable and strategy-proof mechanisms in many-to-many matching …
Persistent link: https://www.econbiz.de/10012854197
There is strong empirical evidence for Cobb-Douglas matching functions. We show in this paper that this widely found … underlying mechanisms. Obviously, it can be generated by assuming a Cobb-Douglas matching function. Less obvious, the same … idiosyncratic productivity can explain the observed negative time trend in estimated matching efficiency and asymmetric business …
Persistent link: https://www.econbiz.de/10012988302
Economic theory predicts that intertemporal decisions depend critically on expectations about future outcomes. Using the universe of professional survey forecasts for the United States, we document the behavior of the entire term structure of expectations for output growth, inflation, and the...
Persistent link: https://www.econbiz.de/10012660446
Unemployment arises from frictions in the matching of job-seekers and employers. The level of resources that employers …
Persistent link: https://www.econbiz.de/10013218331
Persistent link: https://www.econbiz.de/10013252801
Persistent link: https://www.econbiz.de/10013269226
addition to vacancies, as they vary hires. Building from our evidence and a generalized matching function, we construct a new … matching function, delivers a better-fitting empirical Beveridge Curve, and accounts for a large share of fluctuations in … search, matching and hiring in the labor market …
Persistent link: https://www.econbiz.de/10012462391
Unemployment arises from frictions in the matching of job-seekers and employers. The level of resources that employers …
Persistent link: https://www.econbiz.de/10012467499
Persistent link: https://www.econbiz.de/10012499245