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Loss of skill during unemployment and the persistence of employment shocks
(1992)
This paper shows that when unemployed workers lose some of their skills, the effects of a temporary shock to employment can persist for a long time. The key mechanism is a thin market externality that reduces the supply ...
Search unemployment with on-the-job search
(1994)
This paper introduces on-the-job search into the model of search equilibrium that builds on the concept of the matching function and non-cooperative wage behaviour. On-the-job search takes place only at short job tenures ...
Search Theory at Twenty-One
(1992)
Evaluating the Paris Protocol: Economic Relations between Israel and the Palestinian Territories
(European Commission, 1999)
Unemployment responses to 'skill-biased' technology shocks: The role of labour market policy
(1999)
Do skill-biased shocks that increase the spread of labour productivities, interacting with different policy regimes, explain the rise in unemployment in Europe relative to the United States in the 1980s and 1990s? The ...
Relative Wage Flexibility in Four Countries,
(University Press, 1990)
Chapter 18 Job reallocation, employment fluctuations and unemployment
(1999)
The purpose of this chapter is twofold. First, it reviews the model of search and matching equilibrium and derives the properties of employment and unemployment equilibrium. Second, it applies the model to the study of ...