Labor supply shocks and the Beveridge Curve — Empirical evidence from EU enlargement

The Beveridge Curve, Job Creation and the Propagation of Shocks

This paper proposes modifications to the popular model of equilibrium unemployment by Mortensen and Pissarides [30]. I augment the model by introducing (1) costly planning for brand-new jobs, (2) the option to mothball preexisting jobs, and (3) a non-trivial job rejection decision for new employment relationships. These modifications greatly improve the model’s ability to replicate the Beveridg...

Labor supply shocks and unemployment persistence An empirical analysis of labor market dynamics in The Netherlands

Our small empirical stock-flow model for the Dutch economy, which endogenizes the adjustment dynamics to (un)employment search equilibria, identifies two mechanisms that caused persistence in labor market adjustments: (i) job competition from non-participants, and (ii) asymmetric adjustments to cyclical shocks. At the core of the model is an estimated matching function. Using Dutch flow data fo...

EU Enlargement: The New Member States and Agricultural Trade Potentials

The effects of labor supply shocks on labor market outcomes: Evidence from the IsraeliヨPalestinian conflict

a r t i c l e i n f o Since September 2000, as a result of mobility restrictions, the supply of Palestinian workers competing for local jobs in the West Bank has increased by about fifty percent. This paper takes advantage of this unique natural experiment to study the effects of labor supply shocks on labor market outcomes. Using quarterly information on wages and employment in each city in th...

Labor supply, the family and poverty: the S-shaped labor supply curve ¬リニ

The canonical model of labor supply is extended to account for subsistence needs and a frequently rigid division of labor within families (gender). Various theories that have been put forward are thus reconciled, in particular with respect to the distinct work choices of the poor. The model predicts negative labor supply elasticities for secondary workers at low wage rates and positive ones at ...