Gottfries, Axel; Teulings, Coen N. - 2016
the job, job duration should be distributed uniformly. Using extreme value theory, we can infer the shape of the wage … inconsistent with pure sorting models. The standard deviation of wage offers is 7 to 15% (depending on educational level and … urbanisation). OJS accounts for 30% of the experience profile and 9% of total wage dispersion. The average wage loss after lay …