Employment Efficiency and Sticky Wages: Evidence from Flows in the Labor Market

By R. Hall. Review of Economics and Statistics, 2005

260 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/e1bebf5304a7f14dd8b2ddbe95ccbdc1bd2c9f7b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Sociology and Political Science

Citations in the corpus

Comparative Analysis of Labor Market Dynamics Using Markov Processes: An Application to Informality (2007, background): “…example, on the causes of unemployment, (whether due to shedding of labor by firms or reduced hiring) or in understanding the different motivations behind being unemployed vs. out of the labor force (see, for example, Flinn and Heckman 1982, Blanchard and Diamond 1989, Shimer 2005 and Hall 2005).”
The Determinants of Rising Informality in Brazil: Evidence from Gross Worker Flows (2007, methodology): “This paper first applies recent advances in the study of labor market dynamics over the business cycle, introduced by Shimer (2005b) and Hall (2005) and confirms for Brazil the patterns identified for the US and for Mexico by Bosch and Maloney (2006): 1 See Gasparini and Tornarolli (2006) 2 the…”
The Ins and Outs of UK Unemployment (2011, unknown): “In contrast, US actual and equilibrium rates are coincident: the approximation u t s t /(s t + f t ) holds well (Hall, 2005; Shimer, 2007; Fujita and Ramey, 2009).”
Employment Fluctuations with Equilibrium Wage Stickiness (2005, background): “JOLTS measures the sum of the two flows; the sum declined moderately from December 2000 through the most recently reported data (see Hall, 2005).”
Unmasking the Impact of COVID-19 on Businesses : Firm Level Evidence from across the World (2020, result): “This is in line with previous findings in the literature suggesting that an adverse shock has little effects on established employment relationships, without bulge of job loss on the onset of a recession (Hall, 2005).”
An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining (2008, methodology): “As emphasized by Hall (2005a), since new workers have yet to form on-going relationships with firms, in this kind of setting the Barro critique does not apply.”
Unemployment Fluctuations with Staggered Nash Wage Bargaining (2006, background): “The worker surplus at firm i, Ht (i), and the average worker surplus, Ht, are given by: Ht (i) = Vt (i)− Ut (16) and Ht = Vt − Ut.”
Evaluating the Performance of the Search and Matching Model (2006, unknown): “Building upon the Shimer (2005) results, Hall (2005) claims that explaining the job finding rate is key for the understanding of business cycles, and that the separation rate is roughly constant.”
Confidence, Crashes and Animal Spirits (2012, unknown): “A rare exception to models with this property is Hall (2005).”