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

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 Groningen 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		Jason Faberman (Federal Reserve Bank of Chicago and IZA*)), 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 and IZA*))
				"Does Product Market Competition improve the Labour Market Performance?"
19:30				Dinner