The cyclical upgrading of labor and on-the-job search

The cyclical upgrading of labor and on-the-job search
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劳动力和在职搜索的周期性升级

DOI:
10.1016/j.labeco.2006.02.007
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发表时间:
2006
期刊:
影响因子:
2.4
通讯作者:
T. Lubik
T. Lubik
中科院分区:
经济学3区
文献类型:
--
作者:
M. Krause;T. Lubik

文献摘要

被引文献

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本文考察了劳动力市场的搜索和匹配模型中的工人再分配模式。我们发现,在工作搜索是至关重要的解释观察到的周期性升级的工人,以更好的就业机会,在繁荣。这是由于就业搜索者的增加,这有助于为新创造的高工资工作招聘。标准模型没有表现出这样的行为。与此同时,该模型与劳动力市场动态的显著特征相一致,例如职位空缺和失业的波动性以及工作到工作过渡的高度顺周期性。这表明,这是工人在不同工作岗位之间重新分配以及总冲击传播的一个重要渠道。
This paper examines patterns of worker reallocation in the search and matching model of the labor market. We show that on-the-job search is crucial for explaining the observed cyclical upgrading of workers to better employment opportunities in booms. This is due to the rising availability of employed searchers which facilitates recruitment for newly created high-wage jobs. The standard model fails to exhibit such behavior. At the same time, the model is consistent with salient features of labor market dynamics, such as the volatility of vacancies and unemployment, and a highly procyclical rate of job-to-job transitions. This suggests an important channel for the reallocation of workers across jobs as well as the propagation of aggregate shocks.