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IZA Workshop: Frictions in the Labor Market: Causes, Consequences and Policy Implications

Organizers: Pierre Cahuc (Sciences Po, Paris and IZA), Winfried Koeniger (University of St. Gallen and IZA), Uwe Sunde (University of Munich and IZA), Gerard J. van den Berg (University of Bristol and IZA)
Location:IZA, Bonn
Date:December 08, 2006 - December 09, 2006

Event Manager:

Ulrike Maurer (IZA)


Friday, December 08:

09:00       Session 1: Search Theory
09:00 - 10:00   James Albrecht (Georgetown University and IZA*))
  "Search by Committee"
10:00 - 11:00   Ken Burdett (University of Pennsylvania*)), Roberta Bonilla (University of Newcastle upon Tyne)
  "Nash Bargaining, On-The-Job Search and Labor Market Equlibrium"
11:00 - 11:15   Coffee Break
11:15 - 12:15   Pieter A. Gautier (Vrije Universiteit Amsterdam and IZA*)), Ronald P. Wolthoff (Free University of Amsterdam)
  "Simultaneous Search with Heterogeneous Forms and Ex-Post Competition"
12:15 - 13:15   Uwe Sunde (University of Munich and IZA*)), Armin Falk (IZA and University of Bonn), David Huffman (IZA)
  "Do I have what it takes? Equilibrium Search With Uncertainty About the Self"
13:15 - 14:15   Lunch
14:15       Session 2: Hidden Search Effort and Unemployment
14:15 - 15:15   Melvyn Coles (University of Essex*))
  "Optimal Unemployment Insurance with Hidden Search Effort and Endogenous Savings"
15:15 - 16:15   Gerard J. van den Berg (University of Bristol and IZA*))
  "An Economic Analysis of Exclusion Restrictions for Instrumental Variable Estimation"
16:15 - 16:45   Coffee Break
16:45       Session 3: Hiring Behavior and Quits
16:45 - 17:45   R. Jason Faberman (Federal Reserve Bank of Chicago*)), Steven Davis (University of Chicago), John Haltiwanger (University of Maryland and IZA)
  "The Establishment-Level Behavior of Vacancies and Hiring"
17:45 - 18:45   Éva Nagypál (Northwestern University*)), R. Jason Faberman (U.S. Bureau of Labor Statistics)
  "The Effect of Quits on Worker Recruitment: Theory and Evidence"
19:45       Dinner

Saturday, December 09:

09:00       Session 4: Matching Frictions and the Behavior of Vacancies and Wages
09:00 - 10:00   James Malcomson (University of Oxford and IZA*)), Sophocles Mavroeidis (Brown University)
  "Matching Frictions, Efficiency Wages, and Unemployment in the USA and the UK"
10:00 - 11:00   Marcus Hagedorn (University of Oslo*)), Iouri Manovskii (University of Pennsylvania)
  "The Cyclical Behavior of Unemployment, Vacancies and Wages"
11:00 - 11:15   Coffee Break
11:15       Session 5: Matching Frictions, Unemployment and Inflation
11:15 - 12:15   Henri R. Sneessens (Catholic University Louvain and IZA*)), Vincent Bodart (Catholic University of Louvain), Gregory De Walque (National Bank of Belgium), Olivier Pierrard (Central Bank of Luxembourg), Raf Wouters (National Bank of Belgium)
  "Nominal Wage Rigidities in a New Keynesian Model with Frictional Unemployment"
12:15 - 13:15   Etienne Lehmann (CRED, Université Panthéon Assas Paris 2 and IZA*))
  "A Search Model of Unemployment and Inflation"
13:15 - 14:15   Lunch
14:15       Session 6: Implications of Policy Regulation in Models with Matching Frictions
14:15 - 15:15   Susan Vroman (Georgetown University and IZA*)), James Albrecht (Georgetown University and IZA), Lucas Navarro (Queen Mary)
  "The Effects of Labor Market Policies in an Economy with an Informal Sector"
15:15 - 15:45   Coffee Break
15:45 - 16:45   Julien Prat (CREST and IZA*)), Gabriel Felbermayr (University of Tuebingen)
  "Product Market Regulation, Firm Selection and Unemployment"
16:45 - 17:45   Gabriele Cardullo (University of Genova*))
  "Does Product Market Competition improve the Labour Market Performance?"
19:30       Dinner

*) current affiliation