cycle, I show that the cyclical behavior of aggregate unemployment and vacancies is independent of the degree of wage …

minimum wages when firms are financially constrained. We introduce financial frictions into a search and matching labor market … model with stochastic job matching, imperfect information, and endogenous effort. In line with the empirical literature, the …

This paper develops a four-sector equilibrium search and matching model with informal sector employment opportunities … incentives as it reduces the attractiveness of remaining a low-educated worker. However, unemployment also increases …

This paper studies optimal taxation schemes for education in a search-matching model where the labor market is divided …

In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business … employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation …

In this paper we incorporate a labor market with matching frictions and wage …

Bundesagentur für Arbeit zueinander. All diese Suchkanäle tragen dazu bei, Friktionen am Arbeitsmarkt zu verringern. In diesem … Papier untersuchen wir, inwieweit diese Suchkanäle unterschiedliche Auswirkungen auf den Arbeitsmarkt haben. Anhand einer …