Memorial Conference for the 100th anniversary of RIEB, Kobe University
Memorial Conference for the 100th anniversary of RIEB, Kobe University
Jointly supported by: Search Theory Workshop and RIEB Seminar and Grant-in-Aid for Challenging Exploratory Research
| Date & Time | Friday, January 11, 2019, 1:00pm-5:20pm |
|---|---|
| Place | RIEB Meeting Room (Annex, 2nd Floor) |
| Intended Audience | Faculties, Graduate Students and People with Equivalent Knowledge |
| Language | Japanese |
| Note | Copies of the paper will be available at Office of Promoting Research Collaboration. |
1:00pm～2:00pm
- Topic
- A Search and Bargaining Model of the Nondegenerate Money Holdings Distribution
- Speaker
- So KUBOTA（Hitotsubashi Institute for Advanced Study, Hitotsubashi University）
2:00pm～3:00pm
- Topic
- Equilibrium Indeterminacy in a Random Matching Model with Money: A Conjecture
- Speaker
- Yoshinao SAHASHI（Graduate School of Economics, Osaka Prefecture University）
3:00pm～3:20pm Break
3:20pm～4:20pm
- Topic
- Productivity Growth, Industry Location Patterns, and Labor Market Frictions
- Speaker
- Ken-ichi HASHIMOTO（Graduate School of Economics, Kobe University）
- Abstruct
- This paper constructs a two-country model of international trade to study how labor market frictions affect industry location patterns, unemployment rates, and fully endogenous productivity growth. We show that when the larger country offers subsidies to labor search costs or reduces unemployment benefits, the domestic unemployment rate falls, causing greater industry concentration and faster productivity growth, but higher unemployment for the smaller country. When similar labor market policies are implemented in the smaller country, however, the resulting fall in domestic unemployment leads to lower industry concentration and slower productivity growth, while lowering unemployment in the larger country.
4:20pm～5:20pm
- Topic
- Understanding the Role of the Public Employment Agency
- Speaker
- Makoto WATANABE（Department of Economics, Vrije Universiteit Amsterdam / Tinbergen Institute）
- Abstract
- The Public Employment Agency (PEA) provides intermediation services in the labor market. We investigate the implications of having such an additional market place using a tractable search model, and explain why only a fraction of firms use the PEA as search channel despite its free service. We highlight the registering firms' tradeoff between the negative selection of applicants and the lower wages possible at the PEA. Our theory also explains which job-types are more likely to be registered. We test these theoretical predictions empirically using the German Job Vacancy Survey and the German Socio-Economic Panel and nd strong support for them.