Worker heterogeneity and labor market volatility in matching models

Review of Economic Dynamics

Volumn 11, Issue 3, 2008, Pages 664-678

  Pries, Michael J ^a  

^a UNIVERSITY OF MARYLAND   (United States)

Author keywords

Amplification; Matching models; Volatility; Worker heterogeneity

Indexed keywords

EID: 44649139456     PISSN: 10942025     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.red.2006.10.003     Document Type: Article

References (17)

1. Acemoglu D. Changes in unemployment and wage inequality: An alternative theory and some evidence. American Economic Review 89 5 (1999) 1259-1278
2. Costain, J.S., Reiter, M., 2005. Business cycles, unemployment insurance, and the calibration of matching models. Mimeo, Universidad Carlos III
3. Dolado, J.J., Jansen, M., Jimeno, J.F., 2003. On-the-job search in a matching model with heterogeneous jobs and workers. Discussion paper No. 886, IZA
4. Hagedorn, M., Manovskii, I., 2005. The cyclical behavior of equilibrium unemployment and vacancies revisited. Mimeo, University of Pennsylvania
5. Hall, R.E., 2005. The amplification of unemployment fluctuations through self-selection. Mimeo, Stanford University
6. Hall R.E. Employment fluctuations with equilibrium wage stickiness. American Economic Review 95 1 (2005) 50-65
7. Hall, R.E., 2006. Sources and mechanisms of cyclical fluctuations in the labor market. Mimeo, Stanford University
8. Hosios A.J. On the efficiency of matching and related models of search and unemployment. Review of Economic Studies 57 (1990) 279-298
9. Jacobson L.S., La Londe R.J., and Sullivan D.G. Earnings losses of displaced workers. American Economic Review 83 4 (1993) 685-709
10. Mortensen, D.T., Nagypál, E., 2006. More on unemployment and vacancy fluctuations. Mimeo, Northwestern University
11. Mortensen D.T., and Pissarides C.A. Job creation and job destruction in the theory of unemployment. Review of Economic Studies 61 3 (1994) 397-415
12. Nagypál, E., 2001. Learning in the workplace. PhD thesis, Stanford University
13. Nagypál, E., 2005. Labor-market fluctuations, on-the-job search, and the acceptance curse. Mimeo, Northwestern University
14. Nickell S., and Bell B. The collapse in demand for the unskilled and unemployment across the OECD. Oxford Review of Economic Policy 11 1 (1995) 40-62
15. Pries, M.J., 2006. Solving a matching model with heterogeneous workers and matches. Mimeo, University of Maryland
16. Shimer R. The impact of young workers on the aggregate labor market. Quarterly Journal of Economics 116 3 (2001) 969-1008
17. Shimer R. The cyclical behavior of equilibrium unemployment and vacancies. American Economic Review 95 1 (2005) 25-49