Labor-market Volatility in Matching Models with Endogenous Separations

2007 ◽  
Vol 109 (4) ◽  
pp. 645-665 ◽  
Author(s):  
Dale Mortensen ◽  
Éva Nagypál
Keyword(s):  
Labor Market ◽  
Market Volatility ◽  
Matching Models

scholarly journals A NOTE ON THE RELATION BETWEEN SEARCH COSTS AND SEARCH DURATION FOR NEW HIRES

2020 ◽  
pp. 1-14 ◽  
Author(s):  
Francesco Carbonero ◽  
Hermann Gartner
Keyword(s):  
Labor Market ◽  
Instrumental Variable ◽  
Search Costs ◽  
Market Volatility ◽  
Fixed Costs ◽  
Search And Matching ◽  
Matching Model ◽  
Instrumental Variable Estimation ◽  
Search And Matching Model ◽  
New Hires

Fixed search costs, that is, costs that do not vary with search duration, can amplify the cyclical volatility of the labor market. To assess the size of fixed costs, we analyze the relation between search costs and search duration using German establishment data. An instrumental variable estimation shows no relation between search duration and search costs. We conclude that search costs are mainly fixed costs. Furthermore, we show that a search and matching model, calibrated for Germany with fixed costs close to 75%, can generate labor market volatility that is consistent with the data.

Capital mobility and labor market volatility

2010 ◽  
Vol 7 (4) ◽  
pp. 391-409 ◽  
Author(s):  
M. Alper Çenesiz ◽  
Christian Pierdzioch
Keyword(s):  
Labor Market ◽  
Capital Mobility ◽  
Market Volatility

Labor Market Volatility in the RBC Search Model: A Look at Hagedorn and Manovskii’s Calibration

2017 ◽  
Vol 52 (2) ◽  
pp. 583-602 ◽  
Author(s):  
Manoj Atolia ◽  
John Gibson ◽  
Milton Marquis
Keyword(s):  
Labor Market ◽  
Market Volatility ◽  
Search Model
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