Search, flows, job creations and destructions
نویسندگان
چکیده
منابع مشابه
Endogenous Job Destructions and the Distribution of Wages
In this paper, we argue that firing decisions of firms can help explain the shape of the wage distribution. To emphasize this result, we consider a matching model with both idiosyncratic productivity shocks that hit jobs and heterogeneity of workers according to ex ante unobservable abilities. Computation experiments show that the model can generate a hump-shaped wage distribution despite assum...
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The growth rates of workplace injury and illness rates exhibit a negative (time-varying) mean and a pro-cyclical response to variations in economic activity, as they decline in recessions before rebounding (and overshooting) during economic recoveries. Using a structural time series model, it is shown that this business cycle behavior is driven by job flows. In recessions, the acceleration of j...
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Working papers from the Stockholm Institute of Transition Economics and East European Economies are preliminary in nature, and are circulated to promote discussion and critical comment. Any references to individual working papers should clearly state that the paper is preliminary. The views expressed here are the authors' own and not necessarily those of the Institute or any other organization ...
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19 Recent empirical work on plant-level employment dynamics, described in Davis, Haltiwanger, and Schuh (DHS, 1996), represents a challenge to conventional ways of thinking about business cycles. The plant-level data provide concrete evidence against the broad applicability of the representative agent construct. Moreover, the behavior of the macro aggregates based on the plant-level data seem h...
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The high cost of searching for employers borne by prospective employees increases friction in the labor market and inhibits formation of e¢ cient employer-employee relationships. It is conventionally agreed that mechanisms that reduce the search costs (e.g., internet portals for job search) lower unemployment and improve overall welfare. We demonstrate that a reduction of the search costs may h...
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ژورنال
عنوان ژورنال: Labour Economics
سال: 2014
ISSN: 0927-5371
DOI: 10.1016/j.labeco.2014.06.004