Job search, and stochastic labor flows: a quedeing theory of the labor market

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ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.:/5 (632 download)

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Book Synopsis Job search, and stochastic labor flows: a quedeing theory of the labor market by : Walter R. Paczkowski

Download or read book Job search, and stochastic labor flows: a quedeing theory of the labor market written by Walter R. Paczkowski and published by . This book was released on 1980 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Job Search, Vacancies, and Stochastic Labor Flows

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Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.:/5 (398 download)

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Book Synopsis Job Search, Vacancies, and Stochastic Labor Flows by : Walter Richard Paczkowski

Download or read book Job Search, Vacancies, and Stochastic Labor Flows written by Walter Richard Paczkowski and published by . This book was released on 1977 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Equilibrium Unemployment Theory, second edition

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Publisher : MIT Press
ISBN 13 : 0262264064
Total Pages : 273 pages
Book Rating : 4.2/5 (622 download)

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Book Synopsis Equilibrium Unemployment Theory, second edition by : Christopher A. Pissarides

Download or read book Equilibrium Unemployment Theory, second edition written by Christopher A. Pissarides and published by MIT Press. This book was released on 2000-03-02 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. An equilibrium theory of unemployment assumes that firms and workers maximize their payoffs under rational expectations and that wages are determined to exploit the private gains from trade. This book focuses on the modeling of the transitions in and out of unemployment, given the stochastic processes that break up jobs and lead to the formation of new jobs, and on the implications of this approach for macroeconomic equilibrium and for the efficiency of the labor market. This approach to labor market equilibrium and unemployment has been successful in explaining the determinants of the "natural" rate of unemployment and new data on job and worker flows, in modeling the labor market in equilibrium business cycle and growth models, and in analyzing welfare policy. The second edition contains two new chapters, one on endogenous job destruction and one on search on the job and job-to-job quitting. The rest of the book has been extensively rewritten and, in several cases, simplified.

The Flow Analysis of Labour Markets

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Publisher : Routledge
ISBN 13 : 1134779429
Total Pages : 311 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis The Flow Analysis of Labour Markets by : Ronald Schettkat

Download or read book The Flow Analysis of Labour Markets written by Ronald Schettkat and published by Routledge. This book was released on 1996-08-08 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-functioning labour markets are a precondition for economic development. Here leading researchers present an overview of labour market workings providing new theoretical and empirical insights.

Concept of Job Vacancies in a Dynamic Theory of the Labor Market

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Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Concept of Job Vacancies in a Dynamic Theory of the Labor Market by : Charles C. Holt

Download or read book Concept of Job Vacancies in a Dynamic Theory of the Labor Market written by Charles C. Holt and published by . This book was released on 1966 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Workers' Heterogeneity and Job Search in the Flow Approach to Labor Markets

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Publisher :
ISBN 13 :
Total Pages : 137 pages
Book Rating : 4.:/5 (352 download)

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Book Synopsis Workers' Heterogeneity and Job Search in the Flow Approach to Labor Markets by : Giuseppe Moscarini

Download or read book Workers' Heterogeneity and Job Search in the Flow Approach to Labor Markets written by Giuseppe Moscarini and published by . This book was released on 1996 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unobserved Bilateral Search on the Labor Market

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Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Unobserved Bilateral Search on the Labor Market by : Uwe Sunde

Download or read book Unobserved Bilateral Search on the Labor Market written by Uwe Sunde and published by . This book was released on 2002 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Uncertainty and the Labour Market

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Uncertainty and the Labour Market by : C. J. McKenna

Download or read book Uncertainty and the Labour Market written by C. J. McKenna and published by . This book was released on 1985 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Model of Job and Worker Flows

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (8 download)

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Book Synopsis A Model of Job and Worker Flows by : Nobuhiro Kiyotaki

Download or read book A Model of Job and Worker Flows written by Nobuhiro Kiyotaki and published by . This book was released on 2005 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: "We develop a model of gross job and worker flows and use it to study how the wages, permanent incomes, and employment status of individual workers evolve over time. Our model helps explain various features of labor markets, such as the size and persistence of the changes in income that workers experience due to displacements or job-to-job transitions, the length of job tenures and unemployment duration, and the amount of worker turnover in excess of job reallocation. We also examine the effects that labor market institutions and public policy have on the gross flows, as well as on the resulting wage distribution, employment, and aggregate output in the equilibrium. From a theoretical standpoint, we study the extent to which the competitive equilibrium achieves an efficient allocation of resources"--Abstract.

Job Matching, Wage Dispersion, and Unemployment

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Publisher : IZA Prize in Labor Economics
ISBN 13 : 9780198779995
Total Pages : 0 pages
Book Rating : 4.7/5 (799 download)

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Book Synopsis Job Matching, Wage Dispersion, and Unemployment by : Dale T. Mortensen

Download or read book Job Matching, Wage Dispersion, and Unemployment written by Dale T. Mortensen and published by IZA Prize in Labor Economics. This book was released on 2016-06-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dale T. Mortensen and Christopher A. Pissarides are the recipients (with Peter Diamond) of the Nobel memorial Prize in Economics 2010. They have made path-breaking contributions to the analysis of markets with search and matching frictions, which account for much of the success of job searchtheory and the flows approach in becoming a leading tool for microeconomic and macroeconomic analysis of labor markets. Both scientists have gained groundbreaking insights through individual as well as joint research. Consequently, this volume not only features several papers which helped shape theequilibrium search model, including some early contributions which have initiated the research on what is known today as the search and matching model of the labor market, but it also presents a joint paper by the IZA Prize Laureates, which is a complete statement of the equilibrium search andmatching model with endogenous job creation and job destruction.As part of the IZA Prize Series, the book presents a selection of their most important work which has highly enriched research on unemployment as an equilibrium phenomenon, on labor market dynamics, and on cyclical adjustment.

Nonlinear Labor Market Dynamics

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Publisher : Springer Science & Business Media
ISBN 13 : 3642583482
Total Pages : 181 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Nonlinear Labor Market Dynamics by : Michael Neugart

Download or read book Nonlinear Labor Market Dynamics written by Michael Neugart and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes, local instabilities, and chaotic movements, once nonlinear relationships and widely accepted adjustment rules are introduced. Thus, labor market dynamics may have an endogenous component that is governed by a nonlinear deterministic core. Of course, all results are tied to the particular models discussed in this book. Nevertheless, these models imply that by incorporating nonlinear relationships, one may arrive at an explanation of labor market behavior where linear stochastic approaches fell. Time series studies for German labor market data support this point of view.

On-the-job Search and the Cyclical Dynamics of the Labor Market

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (66 download)

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Book Synopsis On-the-job Search and the Cyclical Dynamics of the Labor Market by : Michael U. Krause

Download or read book On-the-job Search and the Cyclical Dynamics of the Labor Market written by Michael U. Krause and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Flows in the Cross Section and Over Time

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Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (746 download)

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Book Synopsis Labor Market Flows in the Cross Section and Over Time by : Steven J. Davis

Download or read book Labor Market Flows in the Cross Section and Over Time written by Steven J. Davis and published by . This book was released on 2011 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many theoretical models of labor market search imply a tight link between worker flows (hires and separations) and job gains and losses at the employer level. Partly motivated by these theories, we exploit establishment-level data from U.S. sources to study the relationship between worker flows and job flows in the cross section and over time. We document strong, highly nonlinear relationships of hiring, quit and layoff rates to employer growth in the cross section. Simple statistical models that capture these cross-sectional relationships greatly improve our ability to account for fluctuations in aggregate worker flows. We also evaluate how well various theoretical models and views fit the patterns in the data. Aggregate fluctuations in layoffs are well captured by micro specifications that impose a tight cross-sectional link between worker flows and job flows. Aggregate fluctuations in quits are not. Instead, quit rates rise and fall with booms and recessions across the distribution of establishment growth rates, but more so at shrinking employers. Finally, we use our preferred statistical models - in combination with data on the cross-sectional distribution of establishment growth rates - to construct synthetic JOLTS-type measures of hires, separations, quits and layoffs back to 1990 -- National Bureau of Economic Research web site.

Labor market flows in the cross section and over time

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ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (746 download)

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Book Synopsis Labor market flows in the cross section and over time by : Steven J. Davis

Download or read book Labor market flows in the cross section and over time written by Steven J. Davis and published by . This book was released on 2011 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many theoretical models of labor market search imply a tight link between worker flows (hires and separations) and job gains and losses at the employer level. Partly motivated by these theories, we exploit establishment-level data from U.S. sources to study the relationship between worker flows and job flows in the cross section and over time. We document strong, highly nonlinear relationships of hiring, quit and layoff rates to employer growth in the cross section. Simple statistical models that capture these cross-sectional relationships greatly improve our ability to account for fluctuations in aggregate worker flows. We also evaluate how well various theoretical models and views fit the patterns in the data. Aggregate fluctuations in layoffs are well captured by micro specifications that impose a tight cross-sectional link between worker flows and job flows. Aggregate fluctuations in quits are not. Instead, quit rates rise and fall with booms and recessions across the distribution of establishment growth rates, but more so at shrinking employers. Finally, we use our preferred statistical models - in combination with data on the cross-sectional distribution of establishment growth rates - to construct synthetic JOLTS-type measures of hires, separations, quits and layoffs back to 1990.

Employment Efficiency and Stick Wages

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Employment Efficiency and Stick Wages by : Robert Ernest Hall

Download or read book Employment Efficiency and Stick Wages written by Robert Ernest Hall and published by . This book was released on 2005 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I consider three views of the labor market. In the first, wages are flexible and employment follows the principle of bilateral efficiency. Workers never lose their jobs because of sticky wages. In the second view, wages are sticky and inefficient layoffs do occur. In the third, wages are also sticky, but employment governance is efficient. I show that the behavior of flows in the labor market strongly favors the third view. In the modern U.S. economy, recessions do not begin with a burst of layoffs. Unemployment rises because jobs are hard to find, not because an unusual number of people are thrown into unemployment"--National Bureau of Economic Research web site.

Employment in Perspective

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ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Employment in Perspective by : United States. Bureau of Labor Statistics

Download or read book Employment in Perspective written by United States. Bureau of Labor Statistics and published by . This book was released on 1977 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Flows and Equilibrium Search Unemployment

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Labor Market Flows and Equilibrium Search Unemployment by : Pietro Garibaldi

Download or read book Labor Market Flows and Equilibrium Search Unemployment written by Pietro Garibaldi and published by . This book was released on 2001 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: