scholarly journals Dynamic Beveridge Curve Accounting

2020 ◽  
Vol 2020 (027) ◽  
Author(s):  
Hie Joo Ahn ◽  
◽  
Leland D. Crane ◽  
Keyword(s):  
Beveridge Curve

scholarly journals Firing costs in a business cycle model with endogenous separations

2015 ◽  
Vol 42 (3) ◽  
pp. 499-518
Author(s):  
Dennis Wesselbaum
Keyword(s):  
Business Cycle ◽  
Empirical Evidence ◽  
Employment Protection ◽  
Cycle Model ◽  
Beveridge Curve ◽  
Flow Rates ◽  
Content Type ◽  
Firing Costs ◽  
Cross Country ◽  
Business Cycle Model

Purpose – The purpose of this paper is to introduce productivity-dependent firing costs into an otherwise standard endogenous separations matching model. The authors suggest an alternative to the standard fix cost approach and account for empirical evidence emphasizing that firing costs vary across workers. The authors show that the model with firing costs outperformes the model without firing costs and replicates the empirical facts fairly well. Furthermore, the authors present cross-country evidence that countries with stricter employment protection have a weaker Beveridge curve relation and surprisingly more volatile job flow rates. Design/methodology/approach – The authors begin the analysis at the intersection of labor and product markets. For this purpose, the authors derive a real business cycle model with search and matching frictions and endogenous separations. The authors enrich this set-up by introducing productivity-dependent firing costs. Findings – The authors show that the model with firing costs outperformes the model without firing costs and replicates the empirical facts fairly well. Furthermore, the authors present cross-country evidence that countries with stricter employment protection have a weaker Beveridge curve relation and surprisingly more volatile job flow rates. Originality/value – This paper introduces productivity-dependent firing costs into an otherwise standard endogenous separations matching model. The authors suggest an alternative to the standard fix cost approach and account for empirical evidence emphasizing that firing costs vary across workers. The authors show that the model with firing costs outperformes the model without firing costs and replicates the empirical facts fairly well. Furthermore, the authors present cross-country evidence that countries with stricter employment protection have a weaker Beveridge curve relation and surprisingly more volatile job flow rates.

What does a non-shifting Beveridge curve tell about Romania’s labour market?

2019 ◽  
Vol 27 (18) ◽  
pp. 1527-1532
Author(s):  
Adrian Oţoiu ◽  
Emilia Țițan
Keyword(s):  
Labour Market ◽  
Beveridge Curve

Shifts in the Beveridge curve

2015 ◽  
Vol 69 (1) ◽  
pp. 18-25 ◽  
Author(s):  
Peter A. Diamond ◽  
Ayşegül Şahin
Keyword(s):  
Beveridge Curve

MODELLING A REGIME-SHIFTING BEVERIDGE CURVE

2015 ◽  
Vol 68 (1) ◽  
pp. 90-104 ◽  
Author(s):  
Richard Dutu ◽  
Mark J. Holmes ◽  
Brian Silverstone
Keyword(s):  
Beveridge Curve
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