This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to reproduce the main cyclical propert...

All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission, provided that full credit including © notice is given to the source. Abstract Scholars interested in race inequality have been particularly attracted to network accounts of the stratifying effects of social networks in the labor market. A recurring theme in policy‐oriented resea...

Internet job-searching offers an empirical setting in which to explore the potential trade-offs between quality and quantity of information in the labor market. As both firms and workers turn to the internet for unprecedented amounts of labor market information, it is unclear whether this makes the matching process more efficient. Using longitudinal data on two samples of unemployed job-searche...

We develop a model where workers, anticipating the possibility of unemployment, invest in connections to access information about available jobs. The investment in connections is high when the job separation rate is moderate, otherwise the investment in connections is low. The response of network investment to labor market conditions generates novel predictions. In particular, the probability t...

What can one infer about labor market °ows from matched employer-employee panel data? The purpose of this paper is to sketch possible answers to this question. A general but simple labor market equilibrium model of hire and separation °ows is developed in the paper. The model embodies the hypothesis that worker productivity di®ers across employers and that worker and employer °ows re°ect respon...

due to the different nature of the production structure in economic sectors, growth in these sectors has a different effect on employment. on the other hand, according to market analysis by gender, the impact on job creation in economic sectors is also different for men and women. in this paper, we use social accounting matrix (sam) model for iran to assess how growth in various sectors of the ...

While existing research has documented persistent barriers facing African-American job seekers, far less research has questioned how job seekers respond to this reality. Do minorities self-select into particular segments of the labor market to avoid discrimination? Such questions have remained unanswered due to the lack of data available on the positions to which job seekers apply. Drawing on t...