Springe zum Inhalt

Dossier

matching – Suchprozesse am Arbeitsmarkt

Offene Stellen bei gleichzeitiger Arbeitslosigkeit - was Arbeitsmarkttheorien u. a. mit "unvollkommener Information" begründen, ist für Unternehmen und Arbeitsuchende oft nur schwer nachzuvollziehen: Unternehmen können freie Stellen nicht besetzen, trotzdem finden Arbeitsuchende nur schwer den passenden Job. Wie gestalten sich die Suchprozesse bei Unternehmen und Arbeitsuchenden, welche Konzessionen sind beide Seiten bereit einzugehen, wie lässt sich das "matching" verbessern?
Diese Infoplattform bietet wissenschaftliche Literatur zur theoretischen und empirischen Auseinandersetzung mit dem Thema.

Zurück zur Übersicht
Ergebnisse pro Seite: 20 | 50 | 100
  • Literaturhinweis

    Location choice when the number of jobs matters: Matching in spatial equilibrium (2025)

    Venables, Anthony J. ;

    Zitatform

    Venables, Anthony J. (2025): Location choice when the number of jobs matters: Matching in spatial equilibrium. (CEP discussion paper / Centre for Economic Performance 2087), London, 22 S.

    Abstract

    "The idea that people want to go to where the jobs are is intuitive yet is absent from the standard quantitative spatial modelling approach in which location choices are guided by prices, without reference to quantities (the number of jobs in a place). The purpose of this paper is to fill this gap by making jobs, as well as places, the objects of household choice. This involves minor change to the modelling approach used in the literature and provides a simple description of labour market matching. Similar modification of the modelling of firms’ location choices captures the idea that these are shaped by both wage costs and the availability of workers with appropriate skill. These modifications yield powerful agglomeration forces, as workers’ location choices become positively influenced by the number of jobs in a place, and firms’ decision are shaped by the number of workers with appropriate skills. Results are established analytically and in a regional model in which the equilibrium distributions of workers and sectors are demonstrated." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Legitimizing Beauty in Hiring: An Analysis of Cultural Repertoires in Defense of Appearances as Selection Criteria (2025)

    Vonk, Laura ; De Keere, Kobe ;

    Zitatform

    Vonk, Laura & Kobe De Keere (2025): Legitimizing Beauty in Hiring: An Analysis of Cultural Repertoires in Defense of Appearances as Selection Criteria. In: Work and occupations. DOI:10.1177/07308884251362257

    Abstract

    "This article builds upon the body of literature confirming that aesthetics matter for finding work by investigating how gatekeepers reflect on the relevance of appearances in their evaluations of job candidates. Starting from the notion that in hiring the relevance of appearance conflicts with ideals of meritocracy and fairness, we seek to understand how gatekeepers solve this dispute and how they morally legitimize the importance of aesthetics. The analyses are based on in-depth interviews with 40 employee gatekeepers from the cultural (n = 17) and corporate (n = 23) sector, and show that although the gatekeepers problematize the importance of beauty, they do acknowledge that it plays a role in their evaluations. Three cultural repertoires for solving this contradiction and for legitimizing appearances as a hiring criterion are discerned from the data: (1) beauty as a business case; (2) appearances express personality; (3) looking right is a matter of effort. What the gatekeepers try to do is to come to a hiring decision using evaluation criteria that can be considered contextually legitimate. Yet, this can lead to applying evaluation criteria and, more structurally, labor market outcomes that they find morally problematic. This study highlights the relevance of cultural repertoires in processes of legitimation for understanding reproductions of inequalities related to appearances." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Optimal unemployment insurance with multiple applications (2025)

    Wee, Shu Lin;

    Zitatform

    Wee, Shu Lin (2025): Optimal unemployment insurance with multiple applications. In: Journal of monetary economics, Jg. 154. DOI:10.1016/j.jmoneco.2025.103798

    Abstract

    "This paper examines how unemployment transfers should be allocated over the business cycle. When risk-averse workers can submit multiple applications, the optimal UI policy is countercyclical. In contrast, optimal policy in a standard search model featuring one-to-one matching is procyclical. In the latter, more generous UI during a downturn discourages search effort, dampening job creation. In the former, decreased search effort aids job creation. Because firms cannot coordinate and commit to not making the same worker an offer, lower search effort by reducing the number of applications sent mitigates this coordination friction. This in turn boosts job creation incentives, supporting employment outcomes." (Author's abstract, IAB-Doku, © 2025 The Author. Published by Elsevier B.V.) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Hiring intentions at the intersection of gender, parenthood, and social status. A factorial survey experiment in the UK labour market (2025)

    Zamberlan, Anna ; Barbieri, Paolo ; Gioachin, Filippo ;

    Zitatform

    Zamberlan, Anna, Filippo Gioachin & Paolo Barbieri (2025): Hiring intentions at the intersection of gender, parenthood, and social status. A factorial survey experiment in the UK labour market. In: European Sociological Review, Jg. 41, H. 3, S. 395-410. DOI:10.1093/esr/jcae043

    Abstract

    "Extant literature points to the gender, parenthood, and social status of job applicants as crucial factors influencing employers’ hiring preferences and behaviors. However, little is known about whether and to what extent the intersection of these attributes leads to specific forms of hiring discrimination. This study aims to fill this research gap by examining whether labor market (dis)advantages related to gender, parenthood, and social status occur in an additive or interactive relationship. We conducted a factorial survey experiment in which more than 2,500 UK-based individuals with recruiting experience rated the profiles of fictitious candidates for various job vacancies. We found significant and substantial discrimination against mothers, indicating the existence of a cumulative disadvantage between being a woman and having children, while high-status candidates were more favourably positioned, albeit with noteworthy differences depending on how social status was signalled. Most interestingly, the motherhood penalty was significantly reduced (up to almost half) for high-status candidates, suggesting a compensatory effect of signalling a high status. This novel evidence in the British context highlights the importance of examining the intersection of different dimensions of discrimination and inequality." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Labour market skills, endogenous productivity and business cycles (2024)

    Abbritti, Mirko ; Consolo, Agostino ;

    Zitatform

    Abbritti, Mirko & Agostino Consolo (2024): Labour market skills, endogenous productivity and business cycles. In: European Economic Review, Jg. 170. DOI:10.1016/j.euroecorev.2024.104873

    Abstract

    "This paper analyses how labor market heterogeneity affects unemployment, productivity and business cycle dynamics. To this aim, we set up a model with asymmetric search and matching frictions across skilled and unskilled workers, and endogenous productivity through R&D investment and intangible capital accumulation. Skill mismatch and skill-specific labor market institutions have three main effects on business cycles and growth dynamics. First, the relative scarcity of skilled workers increases the natural rate of unemployment and reduces total factor productivity with long-run effects on the growth rate of output. Second, skill heterogeneity in the labor market generates asymmetric outcomes and amplifies measures of employment, wages and consumption inequality. Finally, the model provides important insights for the Phillips and Beveridge curves. Incorporating skill heterogeneity leads to a flattening of the Phillips curve as wages and unemployment respond unevenly across skill types. Also, the model generates sideward shifts of the Beveridge curve following business cycle shocks, with the extent of these shifts depending on the degree of skill heterogeneity." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Words matter: Experimental evidence from job applications (2024)

    Abraham, Lisa ; Stein, Alison; Hallermeier, Johannes;

    Zitatform

    Abraham, Lisa, Johannes Hallermeier & Alison Stein (2024): Words matter: Experimental evidence from job applications. In: Journal of Economic Behavior & Organization, Jg. 225, S. 348-391. DOI:10.1016/j.jebo.2024.06.013

    Abstract

    "If women are more sensitive to listed qualifications in job ads, does lowering the bar draw in relatively more women and increase diversity in the applicant pool? We examine this question by randomizing 60,000 viewers into one of two job ad versions for over 600 corporate jobs at Uber, where the treatment removed optional and superfluous qualifications. There are two main findings. First, job seekers of both genders respond to qualifications: applications increase by 7%, owing to similar increases in the number of applications from men and women. Second, reducing the qualifications impacts the type of individual who chooses to apply differently by gender. Reducing the qualifications draws in less skilled women and causes an outflow of some highly skilled women. Conversely, the treatment draws in men from across the skill distribution, including the upper end. We find gender differences in application behavior and explore potential mechanisms in a separate, large-scale survey using the RAND American Life Panel. These results highlight that sensitivity to listed requirements is complex, and simply lowering the qualifications in job postings is not guaranteed to increase applicant diversity." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Vom Mismatch zum Match: Wie sich Jugendliche und Unternehmen auf dem Ausbildungsmarkt suchen und finden (können): Eine kombinierte Jugend- und Unternehmensbefragung (2024)

    Arndt, Franziska; Risius, Paula; Schaffer, Fabian; Herzer, Philip; Werner, Dirk; Wieland, Clemens; Renk, Helen;

    Zitatform

    Arndt, Franziska, Philip Herzer, Paula Risius, Dirk Werner, Helen Renk, Fabian Schaffer & Clemens Wieland (2024): Vom Mismatch zum Match: Wie sich Jugendliche und Unternehmen auf dem Ausbildungsmarkt suchen und finden (können). Eine kombinierte Jugend- und Unternehmensbefragung. Gütersloh, 43 S. DOI:10.11586/2024103

    Abstract

    "Immer mehr Ausbildungsplätze in Deutschland bleiben unbesetzt, gleichzeitig gehen viele Bewerber:innen auf dem Ausbildungsmarkt leer aus. Was sind die Gründe? Liegt es vielleicht auch daran, dass die Suchprofile und -strategien der Unternehmen und der ausbildungsinteressierten jungen Menschen nicht zusammenpassen? Mit anderen Worten: Wo und wie platzieren Unternehmen ihr Angebot und passt das zu dem Suchverhalten von Jugendlichen? Die gemeinsame Studie des Instituts der deutschen Wirtschaft Köln und der Bertelsmann Stiftung stellt die Perspektiven von Ausbildungsbetrieben und jungen Menschen einander gegenüber. Beide Seiten sind sich zwar grundsätzlich über den hohen Stellenwert einer Berufsausbildung als gute Karrieregrundlage einig und nutzen insbesondere Online-Stellenausschreibungen, die Bundesagentur für Arbeit und Social Media Kanäle zur Suche nach Ausbildungsplätzen bzw. Bewerber:innen – im Detail zeigen sich jedoch einige entscheidende Unterschiede im Kommunikations- und Informationsverhalten." (Autorenreferat, IAB-Doku)

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    The Pay and Non-Pay Content of Job Ads (2024)

    Audoly, Richard ; Bhuller, Manudeep; Reiremo, Tore Adam;

    Zitatform

    Audoly, Richard, Manudeep Bhuller & Tore Adam Reiremo (2024): The Pay and Non-Pay Content of Job Ads. (arXiv papers 2407.13204), 54 S.

    Abstract

    "How informative are job ads about the actual pay and amenities offered by employers? Using a comprehensive database of job ads posted by Norwegian employers, we develop a methodology to systematically classify the information on both pay and non-pay job attributes advertised in vacancy texts. We link this information to measures of employer attractiveness, which we derive from a job search model estimated on observed wages and worker mobility flows. About 55 percent of job ads provide information related to pay and nearly all ads feature information on non-pay attributes. We show that publicly advertised job attributes are meaningful predictors of employer attractiveness, and non-pay attributes are about as predictive as pay-related attributes. High-pay employers mention pay-related attributes more often, while high-amenity employers are more likely to advertise flexible working hours and contract duration." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Does Artificial Intelligence Help or Hurt Gender Diversity? Evidence from Two Field Experiments on Recruitment in Tech (2024)

    Avery, Mallory; Leibbrandt, Andreas ; Vecci, Joseph;

    Zitatform

    Avery, Mallory, Andreas Leibbrandt & Joseph Vecci (2024): Does Artificial Intelligence Help or Hurt Gender Diversity? Evidence from Two Field Experiments on Recruitment in Tech. (CESifo working paper 10996), München, 70 S.

    Abstract

    "The use of Artificial Intelligence (AI) in recruitment is rapidly increasing and drastically changing how people apply to jobs and how applications are reviewed. In this paper, we use two field experiments to study how AI recruitment tools can impact gender diversity in the male-dominated technology sector, both overall and separately for labor supply and demand. We find that the use of AI in recruitment changes the gender distribution of potential hires, in some cases more than doubling the fraction of top applicants that are women. This change is generated by better outcomes for women in both supply and demand. On the supply side, we observe that the use of AI reduces the gender gap in application completion rates. Complementary survey evidence suggests that anticipated bias is a driver of increased female application completion when assessed by AI instead of human evaluators. On the demand side, we find that providing evaluators with applicants' AI scores closes the gender gap in assessments that otherwise disadvantage female applicants. Finally, we show that the AI tool would have to be substantially biased against women to result in a lower level of gender diversity than found without AI." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Skill Signals in a Digital Job Search Market and Duration in Employment Gaps (2024)

    Baird, Matthew ; Gahlawat, Nikhil; Ko, Paul ;

    Zitatform

    Baird, Matthew, Paul Ko & Nikhil Gahlawat (2024): Skill Signals in a Digital Job Search Market and Duration in Employment Gaps. In: Journal of labor research, Jg. 45, H. 3, S. 403-435. DOI:10.1007/s12122-024-09363-y

    Abstract

    "With the rise of the digital job search market, new opportunities for signaling skills and competencies to employers have emerged. In this paper, we examine listed skills on individuals’ LinkedIn profiles in the United States between 2015 and 2021, both those members add themselves and skills for which they are endorsed from others in their network. We use an inverse probability weighted proportional hazards model with time varying covariates to estimate the relationship between listed skills on shortening employment gaps (time between jobs). We find that, for self-added and peer-endorsed skills respectively, an additional ten skills on the profile decreases median employment gap duration by about 0.7 and 0.4 months, from a median baseline of around 6 months gap. Individuals with no education listed on their profile have the largest benefit from listed skills in terms of reducing employment gaps. Disruptive tech and soft skills also are related to higher returns. Additionally, skills added during the employment break have a substantially stronger relationship than pre-existing added skills. More experienced workers have larger returns than less experienced workers, consistent with the hypothesis that these skills are otherwise difficult to signal to potential employers. These findings are consistent with online job markets’ use of technology offering more efficient ways to signal skills, shortening time to reemployment." (Author's abstract, IAB-Doku, © Springer-Verlag) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Returns to labour mobility (2024)

    Baley, Isaac ; Ljungqvist, Lars ; Sargent, Thomas J. ;

    Zitatform

    Baley, Isaac, Lars Ljungqvist & Thomas J. Sargent (2024): Returns to labour mobility. In: The Economic Journal, Jg. 135, H. 666, S. 430-454. DOI:10.1093/ej/ueae054

    Abstract

    "Returns to labor mobility have too often escaped the attention they deserve as conduits of important forces in macro-labour models. These returns are shaped by calibrations of productivity processes that use theoretical perspectives and data sources from (i) labour economics and (ii) industrial organization. By investigating earlier prominent studies, we conclude that the focus on firm size dynamics and shocks intermediated through neo-classical production functions in (ii) yields large returns to labor mobility that are robust to parameter perturbations. In contrast, the reliance on statistics in labor economics to calibrate per-worker productivity processes in (i) can give rise to fragilities in the sense that parameter perturbations that generate similar targeted statistics can have very different implications for returns to labor mobility." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Overeducation in the EU: Gender and regional dimension (2024)

    Baran, Jan A. ;

    Zitatform

    Baran, Jan A. (2024): Overeducation in the EU: Gender and regional dimension. In: Labour Economics, Jg. 90. DOI:10.1016/j.labeco.2024.102603

    Abstract

    "The paper investigates factors associated with the overeducation risk in the EU, with a specific focus on gender and regional variables. The study tests Frank's theory of differential overqualification, which suggests that women are more likely to be overeducated than men, especially in small local labor markets. Although women's overeducation rates usually exceed those of men, the study's results show limited validity of Frank's model due to a nuanced relationship by which gender is linked to overeducation. They suggest that gender differentiates the overeducation risk in combination with care responsibilities, whilst easier access to childcare facilities is associated with a lower risk of overeducation among women in households with young children. Moreover, migrant women are found to be more at risk of overeducation, compared to both migrant men and non-migrants. Contrary to Frank's theory, the degree of urbanisation is found irrelevant for overeducation. Furthermore, the study shows the evidence of growing incidence of overeducation in the EU in 2011–2018." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    The Shifting Reasons for Beveridge Curve Shifts (2024)

    Barlevy, Gadi ; Şahin, Ayşegül ; Faberman, R. Jason ; Hobijn, Bart;

    Zitatform

    Barlevy, Gadi, R. Jason Faberman, Bart Hobijn & Ayşegül Şahin (2024): The Shifting Reasons for Beveridge Curve Shifts. In: The Journal of Economic Perspectives, Jg. 38, H. 2, S. 83-106. DOI:10.1257/jep.38.2.83

    Abstract

    "We discuss how the relative importance of factors that contribute to movements of the US Beveridge curve has changed from 1959 to 2023. We review these factors in the context of a simple flow analogy used to capture the main insights of search and matching theories of the labor market. Changes in inflow rates, related to demographics, accounted for Beveridge curve shifts between 1959 and 2000. A reduction in matching efficiency, that depressed unemployment outflows, shifted the curve outwards in the wake of the Great Recession. In contrast, the most recent shifts in the Beveridge curve appear driven by changes in the eagerness of workers to switch jobs. Finally, we argue that, while the Beveridge curve is a useful tool for relating unemployment and job openings to inflation, the link between these labor market indicators and inflation depends on whether and why the Beveridge curve shifted. Therefore, a careful examination of the factors underlying movements in the Beveridge curve is essential for drawing policy conclusions from the joint behavior of unemployment and job openings." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    The Potential of Recommender Systems for Directing Job Search: A Large-Scale Experiment (2024)

    Behaghel, Luc; Hazard, Yagan; Gurgand, Marc ; Dromundo, Sofia; Zuber, Thomas;

    Zitatform

    Behaghel, Luc, Sofia Dromundo, Marc Gurgand, Yagan Hazard & Thomas Zuber (2024): The Potential of Recommender Systems for Directing Job Search: A Large-Scale Experiment. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16781), Bonn, 65 S.

    Abstract

    "We analyze the employment effects of directing job seekers' applications toward establishments likely to recruit. We run a two-sided randomization design involving about 800,000 job seekers and 40,000 establishments, based on an empirical model that recommends each job seeker to firms so as to maximize total potential employment. Our intervention induces a 1% increase in job finding rates for short term contracts. This impact comes from a targeting effect combining (i) a modest increase in job seekers' applications to the very firms that were recommended to them, and (ii) a high success rate conditional on applying to these firms. Indeed, the success rate of job seekers' applications varies considerably across firms: the efficiency of applications sent to recommended firms is 2.7 times higher than the efficiency of applications to the average firm. This suggests that there can be substantial gains from better targeting job search, leveraging firm-level heterogeneity." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Measuring the quality of a match (2024)

    Belot, Michèle ; Triantafyllou, Vaios; Liu, Xiaoying ;

    Zitatform

    Belot, Michèle, Xiaoying Liu & Vaios Triantafyllou (2024): Measuring the quality of a match. In: Labour Economics, Jg. 89. DOI:10.1016/j.labeco.2024.102568

    Abstract

    "The quality of an employment match is a central concept in labor economics. It is relevant for evaluating the welfare impact of labor market policies, and for our understanding of labor market dynamics. This paper reviews the challenges associated with measuring match quality. We first review measures commonly used in the literature, their advantages, and drawbacks. We then present novel evidence from a survey sample of US employees where alternative measures were collected simultaneously. We show that while some of these measures correlate well, others do not. Finally, we present additional partial evidence on the correlations between measures based on the National Longitudinal Survey of Youth (NLSY79), a substantially larger and nationally representative survey. The takeaway message is a word of caution regarding the interpretation of some of these measures and specific concerns regarding using wages and tenure as indicators of match quality." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Firm Human Resource Practices and Educational Mismatch (2024)

    Berloffa, Gabriella; Piazzalunga, Daniela ; Pieri, Fabio;

    Zitatform

    Berloffa, Gabriella, Daniela Piazzalunga & Fabio Pieri (2024): Firm Human Resource Practices and Educational Mismatch. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 17424), Bonn, 46 S.

    Abstract

    "The paper introduces a new measure of educational mismatch at the firm level, constructed by merging firm and individual data at the sector-firm size-year level. This measure captures both the intensity of mismatch and its type – whether overeducation, undereducation, or a mix of the two. We assess the role of human resource practices in reducing the intensity of educational mismatch in Italian firms by estimating econometric models that control for a rich set of firm characteristics, as well as year and industry-region fixed effects. Firm-fixed effects and instrumental variable models complement the analysis. Findings indicate that the use of private recruitment agencies, on-the-job training, and structured supervision is associated with a reduction in mismatch intensity. The impact of other practices varies by mismatch type: higher job turnover rates correlate with lower undereducation but increased overeducation, while second-level bargaining increases undereducation and reduces overeducation." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    A Simple Explanation of Countercyclical Uncertainty (2024)

    Bernstein, Joshua; Plante, Michael ; Throckmorton, Nathaniel A. ; Richter, Alexander W.;

    Zitatform

    Bernstein, Joshua, Michael Plante, Alexander W. Richter & Nathaniel A. Throckmorton (2024): A Simple Explanation of Countercyclical Uncertainty. In: American Economic Journal. Macroeconomics, Jg. 16, H. 4, S. 143-171. DOI:10.1257/mac.20220134

    Abstract

    "This paper documents that labor search and matching frictions generate countercyclical uncertainty because the inherent nonlinearity in the flow of new matches makes employment uncertainty increasing in the number of people searching for work. Quantitatively, this mechanism is strong enough to explain uncertainty and real activity dynamics, including their correlation. Through this lens, uncertainty fluctuations are endogenous responses to changes in real activity that neither affect the severity of business cycles nor warrant policy intervention, in contrast with leading theories of the interaction between uncertainty and real activity dynamics." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Uncertainty, labor force participation and job search (2024)

    Bilenkisi, Fikret;

    Zitatform

    Bilenkisi, Fikret (2024): Uncertainty, labor force participation and job search. In: Economic Modelling, Jg. 139. DOI:10.1016/j.econmod.2024.106833

    Abstract

    "This study examines the impact of labor force participation (LFP) on search behavior and unemployment in response to uncertainty shocks. Using a Bayesian vector autoregression model, this study shows that an increase in uncertainty raises unemployment, lowers inflation and decreases LFP and search intensity. Then, a New Keynesian model that incorporates endogenous LFP and variable search intensity is constructed. Results show that both search intensity and participation are procyclical, which suggests a discouragement effect. However, with habit formation, the wealth effect outweighs the discouragement effect and induces an increase in LFP, resulting in a more significant decline in aggregate search intensity due to the expanded searcher pool. In the exogenous LFP model, search intensity is countercyclical, which dampens the unemployment rate. In the endogenous LFP model, the increased entry of non-participants cancels out the countercyclical search intensity of unemployed workers due to the large number of searchers." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    A competitive theory of mismatch (2024)

    Birchenall, Javier A. ;

    Zitatform

    Birchenall, Javier A. (2024): A competitive theory of mismatch. In: Journal of Economic Dynamics and Control, Jg. 168. DOI:10.1016/j.jedc.2024.104996

    Abstract

    "I study the distributions of unemployment, vacancies, and wages across local labor markets in an economy where workers and jobs are matched and mismatched based on more explicit assumptions and aggregation principles than in the reduced-form aggregate matching-function approach. The endogenous matching process formulated here is flexible and has practical value for applied work. Local and aggregate labor market adjustments to local productivity and aggregate demand shocks reproduce empirical Beveridge and wage curve patterns, offer an alternative perspective on empirical indices of mismatch unemployment, and deliver an endogenous and commonly used reduced-form aggregate matching function." (Author's abstract, IAB-Doku, © 2024 Elsevier B.V. All rights are reserved, including those for text and data mining, AI training, and similar technologies.) ((en))

    mehr Informationen
    weniger Informationen
  • Literaturhinweis

    Mismatch Unemployment During COVID-19 and the Post-Pandemic Labor Shortages (2024)

    Birinci, Serdar ; See, Kurt; Mercan, Yusuf ;

    Zitatform

    Birinci, Serdar, Yusuf Mercan & Kurt See (2024): Mismatch Unemployment During COVID-19 and the Post-Pandemic Labor Shortages. (Working paper / Federal Reserve Bank of St. Louis 2024-025), Saint Louis, MO, 35 S. DOI:10.20955/wp.2024.025

    Abstract

    "We examine the extent to which mismatch unemployment—employment losses relative to an efficient allocation where the planner can costlessly reallocate unemployed workers across sectors to maximize output—shaped labor market dynamics during the COVID-19 pandemic and the subsequent recovery episode characterized by labor shortages. We find that, for the first time in our sample, mismatch unemployment turned negative at the onset of the pandemic. This result suggests that the efficient allocation of job seekers would involve reallocating workers toward longer-tenure and more-productive jobs, even at the expense of fewer hires. We show that sectoral differences in job separations were the main driver behind this result, while differences in vacancies caused positive mismatch unemployment during the recovery episode. We also establish an empirical link between mismatch unemployment and the surge in the labor cost during the recovery, documenting that sectors with larger mismatch unemployment experienced higher employment cost growth." (Author's abstract, IAB-Doku) ((en))

    mehr Informationen
    weniger Informationen